PlasmaPay Announces Partnership with Ferrum Network
PlasmaPay is delighted to announce our partnership with Ferrum Network, a DeFi ecosystem that interoperates across chains and removes barriers to mass adoption. PlasmaPay will integrate Ferrum Network to incorporate the Nigerian Naira into our fiat on/off ramp.
We believe that Ferrum Network is a truly forward thinking organization, as cross-chain technology should be one of the big trends in blockchain in 2021. To truly maximize the potential of decentralized finance, the sector cannot remain siloed on just a handful of chains. Broadening the horizons of DeFi with cross-chain technology will usher in faster transaction times, reduce trading fees, and open the gate to mass adoption. Meanwhile, our partnership with Ferrum Network will help PlasmaPay to better serve users on the African continent.
Ian Friend, Co-Founder and COO of Ferrum Network said:
“Ferrum Network is thrilled to be partnering with PlasmaPay to open up the massive African crypto market to PlasmaPay and its users. With the integration of Ferrum’s African fiat onramp/offramp into PlasmaPay, users will be able to buy and sell cryptocurrencies directly with the Nigerian Naira, right thru their PlasmaPay App. We love this kind of partnership as it serves to accelerate the mass adoption of cryptocurrencies.”
Ilia Maksimenka, CEO of PlasmaPay said:
“Ferrum Network has impressed us with their commitment to interoperability and lowering the barriers to entry, and we area delighted to be able to integrate the Nigerian Naira into our African fiat onramp. This partnership will assist us greatly as we seek to bring DeFi to the masses.”
About PlasmaPay:
PlasmaPay is a global digital payment platform enabling seamless entry into decentralized finance. It’s mission is to Democratize the DeFi market by creating an all-in-one solution for both novice and experienced crypto/blockchain users. PlasmaPay provides industry leading UX, crypto/fiat wallets and fiat on/off ramp services to more than 100,000 cryptocurrency users from over 160 countries via mobile and desktop apps. Headquartered in Tallinn, Estonia, PlasmaPay uses blockchain technology to allow users to securely store crypto and fiat currency, buy and exchange digital assets, send and receive cross-border payments, and build payment networks with zero transaction fees.
The launch of native token PPAY will be the underlying utility of the upcoming Plasma Finance Dashboard, built to be the operating system for the entire DeFi ecosystem. CEO and Founder Ilia Maksimenka, along with a highly talented team of cybersecurity developers, economists, and crypto enthusiasts are deeply committed to their mission of creating an open, intuitive financial platform which will allow the world to unlock the full potential of blockchain technologies
