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We are thrilled to announce that CoindPay, a leading Multichain DEXs, Payments, and Compound Finance Infrastructure provider, has officially launched on Fuse. This collaboration marks a significant milestone in our journey to advance our journey to simplify web3 payments for businesses and consumers in different verticals.
With the success seen by platforms like PayPal, Stripe, and Coinbase Commerce, we believe there is immense potential to attract 100,000 to a million users. We are excited for CoindPay to contribute some of its future token credits to the Fuse Foundation as part of this growth journey.
CoindPay offers a comprehensive suite of services, supporting over 25 EVM chains. The platform integrates all business payment needs—Invoice, Checkout, Recurring, Connect Payments—into one place. Their vision for a decentralized PayPal and Venmo combined with Compound Finance capabilities aligns with the Fuse mission for democratizing financial services and making idle funds more available and productive.
As an operator of the Fuse Network, CoindPay will organize trading and liquidity events, along with airdrop activities, to attract more capital to Fuse for trading and staking. By enabling consumer payments for goods, derivatives, and everyday items like coffee, they aim to increase transactions on the Fuse chain. Users will be able to complete purchases using CoindPay’s payment solutions, thereby driving more activity on Fuse.
We look forward to CoindPay leveraging our grant program to accelerate development and deploy contracts focusing on liquidity and compound interest. CoindPay aims to offer a one-stop payment and compound interest network infrastructure to project parties and settlement mechanisms, enhancing the overall Fuse ecosystem.
Together, Fuse and CoindPay will wok towards a more decentralized and efficient financial future, unlocking new opportunities and driving significant growth in web3 payments space.
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