Wyre is now supporting the fiat-onramp of $USDC directly on Polygon

Wyre is expanding the DeFi ecosystem even further with yet another collaboration.

They’re partnering with Ethereum’s “Internet of Blockchains,” the Polygon blockchain protocol, to offer improved payments infrastructure and fiat-to-crypto onramps into its developer ecosystem.

As of this writing, Polygon developers can integrate their Checkout and Card Processing API into their decentralized applications, enabling users to convert their fiat to the protocol’s USDC token in less than thirty seconds. This service reaches Polygon users around the world, including 43 US states.

All USDC purchases are made instantly available in a user’s wallet via the Wyre Integration, enhancing the user experience and allowing for immediate activity after purchase.

“We’re incredibly excited for our latest partnership with Polygon to come to fruition. Ethereum scalability is a big problem to overcome, and Polygon is looking to solve it,” says Ioannis Giannaros, CEO of Wyre. “We’re looking forward to working with their developer ecosystem to make it easier than ever before for end users to purchase USDC with fiat. This is a huge step forward for the network and we can’t wait to be part of that journey.”

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users.

About Wyre

Wyre has been motivating developers in the DeFi ecosystem since 2013. We’ve integrated our API into various projects, streamlining the fiat to crypto on-ramp process and providing it to millions of customers worldwide. Wyre has steadily accelerated DeFi’s growth, ensuring our partners can expand without the need for complex payment systems.

📰 INFO

https://wyre.medium.com/wyre-polygon-streamline-defi-through-new-partnership-95b0f9b4c0fc