Wyre and SKALE Integration
Wyre is thrilled to announce its integration with the modular, multi-chain, Ethereum native network that also offers zero gas fees, SKALE Labs!
Through this integration, the SKALE ecosystem and its builders can leverage a full stack integration allowing them to begin and also to access payment channels through Wyre! With more than 60,000 active users across the world and millions of transactions each month. SKALE and Wyre are combining forces to bring Wyre’s world class custodial wallet solution and fiat ramps that will enable Web2 users. To easily interact with SKALE’s high speed, zero-fee Web3 infrastructure. Moreover, their current integration supports their Swaps API, Transfers API, Checkout Widget, Users API, and Wallet API. Within these APIs they have also listed SKALE USDC to provide a native currency to facilitate usage through Wyre’s products in the SKALE ecosystem.
“We are excited to launch our integration with SKALE Labs and provide our Crypto Infrastructure to one of the most exciting chains in the ecosystem that bolsters zero gas fees, linear scalability, and that is fully open sourced!” said Jamal Raees, Director of Crypto Strategy at Wyre.
As the SKALE Labs Ecosystem is expanding quickly around the world. Efficient and effective purchasing services are increasingly needed for SKALE Labs builders. Through their partnership they will provide just this, also allowing end-users for SKALE Labs based products and businesses. To have the best user experience throughout all crypto-fiat payment solutions!
“SKALE’s integration with Wyre is a critical step towards blockchain mass adoption as Web2 users without technical expertise can now easily and safely convert fiat to crypto in the SKALE Network, custody those assets, and interact seamlessly with Web3 applications.” said Jack O’Holleran, CEO and Cofounder of SKALE.
Their industry-leading payment infrastructure has continued to support Networks very similar to SKALE Labs. Solutions that remove common roadblocks and frictional points in Web 3 building.
About Skale
SKALE is an open-source Web3 blockchain network. In addition, the SKALE Network is governed by the SKALE DAO and managed in a fully open and decentralized manner.
About Wyre
Wyre provides a wide variety of world class payment APIs to power any fintech based application. It offers a powerful JSON REST API that supports a range of financial, cryptocurrency, and identity services. It can also move money around, broker exchanges, validate KYC/AML information transfer to/from traditional banking systems all while remaining compliant.
SOURCE: WYRE BLOG
