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Pundi X is pleased to announce we have joined the Circle Alliance Program, a global network of like-minded companies and teams focused on the future of finance. As members, we are looking forward to building new connections and continuing to learn and innovate with #USDC and web3 technology. You can find Pundi X here.
Upon joining the Circle Alliance Program, we are excited to announce the addition of USDC support on the XPOS device, Pundi X Pay, and p(x)Card. This new feature enables merchants to accept and sell USDC, offering a reliable and efficient payment solution for their customers.
Enhancing cryptocurrency payments with USDC
At Pundi X, our goal is to make cryptocurrency transactions simple and accessible. By integrating USDC, a regulated stablecoin issued by Circle, we’re providing merchants with a stable and widely recognized digital currency. Pegged to the US dollar, USDC offers a practical and dependable choice for everyday transactions.
XPOS and Pundi X Pay support USDC transactions on Ethereum and Solana blockchains. Solana is known for its high-speed and low-cost transactions and ensures that payments are processed quickly and with minimal fees. This is especially beneficial for merchants who need efficient payment systems to stay competitive. Customers also gain from swift transactions and reduced fees, enhancing their overall shopping experience without long wait times or excessive costs.
Benefits of USDC for consumers
Consumers can benefit significantly from using USDC. The convenience of a stable, widely accepted digital currency makes everyday transactions smoother and more reliable. With USDC, consumers can enjoy lower transaction fees, making their purchases more cost-effective. The stability of a currency pegged to the US dollar provides a secure store of value and a reliable medium of exchange, enhancing the overall user experience.
Moving forward
Joining the Circle Alliance Programme and adding USDC support to the Pundi X platform is part of our ongoing commitment to innovation. By integrating USDC, we aim to provide merchants with the best tools to manage their businesses efficiently and offer customers a reliable and efficient payment option. This enhancement meets the evolving needs of the crypto landscape and ensures that the Pundi X platform remains at the forefront of digital payment solutions.