Boundlesspay to Take off on Spherium’s Hyperlaunch
Cryptocurrency platforms are growing steadily, including new blockchains, defi protocols, P2E games, etc. However, payment is one sector that needs more attention and care. The payment system still faces several issues, including the inability to exchange desired currencies, delayed cryptocurrency adoption, and a lack of alternative utility settlement methods.
At Spherium, we are committed to making cryptocurrency accepted worldwide. For this to come to fruition, we are well aware of the need for seamless payment solutions. With HyperLaunch, we want to develop an ecosystem where protocols can interoperate to solve the very issues that the Defi ecosystem needs to sustain.
To accomplish this goal, we are pleased to announce a new innovative project that will enable us to eliminate every barrier to Crypto-Fiat transactions, making financial services more accessible and supporting financial inclusion globally.
Boundlesspay seamlessly processes local and international crypto/fiat payments for individuals, merchants, and developers using blockchain technology. With Boundlesspay, users can easily access decentralized financing (DEFI) and centralized funding (CEFI) services like coin staking, lending, swapping, cross-border payments/remittances, in-app payments, and robust APIs for 3rd party payment processing.
Taking Payments to the Next Level
In keeping with our principle of decentralization, we constantly look for projects that fill considerable gaps in the Defi sector by solving pressing issues.
This is why we are excited to have Boundlessapy on board as our new incubating partner. Boundlesspay aims to expose everyone to opportunities in the cryptocurrency industry, making it easier for people and businesses to compete in a global, borderless, boundless economy.
Through this collaboration, Boundlesspay will be able to take advantage of all of the benefits of the incubation program, including access to the cross-chain ecosystem, allowing them to reach more users across the crypto community. In addition, Boundlesspay will have free access to our Hyperbridge cross-chain bridge as one of our first 50 incubating partners.
Their ecosystem is powered by the NEXUS token, which is used as a means of payment and staking on the Boundlesspay wallet. NEXUS will be included on our HyperSwap DEX upon its release. Boundlesspay will use our HyperBridge and operate on a wide range of blockchain ecosystems, including EVM and non-EVM chains, which will be deployed alongside Staking and Lending protocols.
Commenting on the partnership, Aanchal Thakur, CEO of Spherium Finance, said, “We at Spherium are committed to building long-term, meaningful partnerships. Our partnership with Boundlesspay allows us to ensure our community has access to Defi’s robust payments system.”
About Boundlesspay
Boundlesspay is a safe app that turns your phone into a mobile bank. Its pre-installed digital wallet and debit card allows for the storage and spending of digital currencies across merchants worldwide. In addition, you can use one app to access crypto loans, pay utilities, invest in digital currencies, and access other unique decentralized finance features.
Website: https://boundlesspay.com/
Twitter: https://twitter.com/boundlesspay
Telegram: https://t.me/boundlesspay_official
About Spherium Finance
Spherium Finance is empowering the largest cross-chain community by developing a suite of DeFi applications that will be fully cross-chain compatible, including a Bridge, Universal Wallet, Token Swap platform, Money Markets, Staking services, Lending/Borrowing protocol, and inter-blockchain liquidity transfer.
Spherium has a diverse product portfolio to provide comprehensive DeFi services, including:
HyperBridge: An interoperable multi-chain bridge that allows tokens to be quickly bridged between EVM and Non-EVM compatible blockchains.
HyperSwap: A cross-chain asset swap that is decentralized and based on an automated market-making mechanism.
HyperLend: A decentralized money market where investors can lend or borrow digital assets at interest rates determined by supply and demand.
HyperWallet: A secure and decentralized wallet for Spherium products and services. Spherium offers a unified platform for multi-asset, cross-chain swaps, crypto financing, and cross-chain operability.
To find out more about Spherium Finance, please visit our website, follow us on Twitter, and join our Telegram group.
