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Velocity Labs and Ramp Network enable seamless conversion from fiat to cryptocurrency on Polkadot via Asset Hub help
[ANNOUNCEMENT – Zug, SWITZERLAND, April 25th, 2024]
Hello there, crypto lovers! Fascinating news from Velocity Labs – we are thrilled to unveil our latest integration of Ramp Network’s fiat to crypto onramp by means of Asset Hub. This integration will lengthen Ramp’s products and services to all parachains inside the Polkadot ecosystem, earning the conversion course of action smoother and far more accessible.
In the planet of DeFi, transitioning from fiat to crypto has posed significant issues. Nevertheless, many thanks to progressive minds collaborating with regulatory bodies, credit rating card organizations, and payment infrastructure suppliers, these hurdles are now fading away.
Past November, Velocity Labs initiated discussions with Ramp, a main onramp infrastructure service provider for net3. The major target was to boost the accessibility and functionality of Asset Hub, ushering it into a new period of efficiency and usability.
Asset Hub serves as a foundational parachain in the Polkadot ecosystem, performing as a central hub for taking care of property within the community. Its importance lies in facilitating the development, administration, and utilization of assets, pivotal for the approaching resurgence of DeFi on Polkadot. Recognizing the significance of Asset Hub, Velocity Labs has been diligently addressing its limits to enrich user encounter and developer engagement.
On the other hand, Ramp plays a essential position in bridging the hole between the crypto overall economy and common monetary techniques. By featuring seamless on- and off-ramp alternatives, Ramp enables folks and businesses around the world to convert among cryptocurrencies and fiat currencies effortlessly.
Hello there, crypto lovers! Fascinating news from Velocity Labs – we are thrilled to unveil our latest integration of Ramp Network’s fiat to crypto onramp by means of Asset Hub. This integration will lengthen Ramp’s products and services to all parachains inside the Polkadot ecosystem, earning the conversion course of action smoother and far more accessible.
In the planet of DeFi, transitioning from fiat to crypto has posed significant issues. Nevertheless, many thanks to progressive minds collaborating with regulatory bodies, credit rating card organizations, and payment infrastructure suppliers, these hurdles are now fading away.
Past November, Velocity Labs initiated discussions with Ramp, a main onramp infrastructure service provider for net3. The major target was to boost the accessibility and functionality of Asset Hub, ushering it into a new period of efficiency and usability.
Asset Hub serves as a foundational parachain in the Polkadot ecosystem, performing as a central hub for taking care of property within the community. Its importance lies in facilitating the development, administration, and utilization of assets, pivotal for the approaching resurgence of DeFi on Polkadot. Recognizing the significance of Asset Hub, Velocity Labs has been diligently addressing its limits to enrich user encounter and developer engagement.
On the other hand, Ramp plays a essential position in bridging the hole between the crypto overall economy and common monetary techniques. By featuring seamless on- and off-ramp alternatives, Ramp enables folks and businesses around the world to convert among cryptocurrencies and fiat currencies effortlessly.
Find Velocity Labs
Velocity Labs is a groundbreaking DeFi and infrastructure development organization committed to unlocking the whole potential of the Polkadot blockspace ecosystem. Comprising seasoned Polkadot experts and DeFi connoisseurs, Velocity Labs is focused on acquiring crucial marketplace infrastructure and equipment to foster innovation within the Polkadot DeFi landscape.
For further more specifics, stop by velocitylabs.org
We are actively in search of passionate builders to sign up for us in revolutionizing the DeFi ecosystem on Polkadot. If you imagine you have what it will take, achieve out to us via this kind.
