👋 Introducing Ethereum on O3!

O3 Wallet Announces Support For ETH 2.0

Alexander | O3
Dec 11, 2020 · 2 min read

In continuity with our long term objectives, the Team at O3 Labs wishes to officially announce our support of the Ethereum network including ETH and all ERC-20 tokens.

The newly supported asset is already live on the mobile O3 Wallet. For the latest update, O3 Users can visit our homepage here and select their mobile operating system: iOS or Android. They can also update the application through the Google Play Store or the Apple App Store, respectively.

The inclusion of the #2 Cryptocurrency, by market capitalization, accounts for a considerable increase to our prospective user-base and demographic. This will allow us to introduce our software to new markets with an exceptionally larger pool.

ERC20 tokens on the Ethereum network are also supported by the recent update. We will publish an analysis of some of the most significant ERC20 tokens and the projects behind them, in a follow-up.

An inherent benefit of supporting ERC20 tokens is having the capability of transacting, trading, HODL’ing etc. the most trusted stablecoins.

$USDT, $USDC, $DAI, $PAX, & $TUSD Stablecoins on the O3 Wallet

USDT, True USD, USDC, PAX, & DAI are some of the market-leading stablecoin offerings. Because they are pegged 1–1 with the US Dollar, they can often provide some added stability during times of extreme volatility within the crypto markets. This is due to the fact that major fiat currencies like USD are traditionally more stable than Cryptocurrencies. This may eventually change as the ecosystem continues to grow and stabilize.

Be sure to check on our medium profile in the days ahead for a follow up story. For those interested in helping us continue to grow and improve the O3 Wallet, we strongly encourage you join our telegram community and to take an active role in guiding the future of our development. Feedback, suggestions, feature requests, are greatly appreciated.

Lastly, on behalf of the O3 team, we would like to wish everyone a happy and safe holiday season. We are grateful as always for your continued love and support of O3 and all of our work.

Kindly,

O3 Labs Team

O3 Labs

Linking Distributed Networks & Exploring Open Finance.

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