The financial technology startup MoonPay has partnered with ReHold, a defi protocol that seeks to incorporate easy-to-use direct fiat-to-crypto buying choices.
The partnership accepts several payment options, including bank transfers, Apple Pay, Google Pay, and credit and debit cards.
With the recent addition of fiat-to-crypto purchase functionality and features like swaps and dual investments, ReHold, according to a press release, is now one step closer to becoming an all-in-one cryptocurrency platform, giving users a decentralized application (dapp) for trading, investing, and buying cryptocurrencies.
The platform aims to make using cryptocurrencies more convenient, secure, and effective for users. The approach aims to offer a wide range of customized tools to match customers’ changing demands in digital finance.
A Further Strategic Declaration
This announcement comes after MoonPay revealed the terms of another significant cooperation in October. The business announced a strategic partnership with Mastercard for NFT and cryptocurrency payments inside the web3 ecosystem.
The alliance sought to investigate consumer loyalty and integration prospects using Mastercard’s crypto credential system while ensuring a safe and compliant transaction environment.
This combination emphasizes the continuous movement towards bringing cryptocurrencies and fiat together to achieve widespread adoption.