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Yves La Rose, Founder and CEO of Vaulta Foundation, stated: "In addition to high costs and slow speeds, cross-border payments have always relied on traditional banks or financial institutions, which is often not an option in areas lacking the necessary and widely available infrastructure. Virgo is leveraging the power of stablecoins to directly address this issue, and it is also the first true proof of concept for our new focus on financial development within blockchain. The VirgoPay network is the first proof of our Vaulta Banking OS framework, refined by our team over years of iteration, and is the first step towards realizing our Web3 Banking vision." The VirgoPay service will allow users to fund their accounts using traditional local payment channels (such as bank transfers, electronic transfers, and credit card processing) or directly from a cryptocurrency wallet, and will allow users to choose from multiple fiat currencies. After initialization, users can track payment status in real-time, and recipients can access funds in their preferred currency after the transaction is completed. This approach aims to reduce cross-border transaction costs by up to 70%, while allowing transactions to be completed in minutes, whereas traditional remittance services can take days. Additionally, leveraging stablecoins can provide users protection against local currency value fluctuations, while utilizing blockchain technology also offers added security and transparency. Adam Cai, CEO of Virgo, said, "Vaulta's vision for Web3 banking aligns closely with Virgo's vision of 'making cryptocurrency accessible to everyone.' Utilizing stablecoins for payments will become the first killer application of distributed ledger technology. Virgopay is excited to collaborate with Vaulta to achieve the global mission of 'allowing funds to flow freely and easily.'" The first phase of the VirgoPay launch will establish connections with several global financial centers, including the United States, Hong Kong, Canada, Argentina, Brazil, and Australia. The second phase will expand the VirgoPay network to other countries in South America, Southeast Asia, and the Middle East, aiming to capitalize on the growing remittance market, which is expected to exceed $1 trillion by 2029.
Those who hold IP tokens and don't sell them will get rich. There are airdropped IPs in many activities. Binance web3 wallet and other activities can get more than 260 IPs in total. When the airdrop was a few days ago, it was 1.1U each. Now it is 4.7U, more than 4 times. This is the charm of the currency circle. People can never make money beyond their cognition. The rise of IP, the rise of the currency circle, get rich🤑Get rich🤑Get rich🤑
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Binance benefits!!! Everyone can 🦌10u per person You can follow each other, like, comment, and forward Please note that you need to create a post containing a video, otherwise you cannot get the reward. In fact, it is very simple. Just upload a video based on your own ideas. Try to be related to the platform or currency. Finally, what we have to do is wait and ...
Binance Old users all go to play, just move your fingers for 73 dollars. Those who haven't registered should wait for the new user event, don't waste your qualification! Binance small profit, everyone can earn 10U. The task is very simple, just post a few posts in the Binance Square, like and follow. Binance small profit, everyone can earn 10U. The task is very simple, just post a few posts in the Binance Square, like and follow. Binance Old users all go to play, just move your fingers for 73 dollars. Binance Old users all go to play, just move your fingers for 73 dollars. Those who haven't registered should wait for the new user event, don't waste your qualification! Binance small profit, everyone can earn 10U! The task is very simple, just post a few posts in the Binance Square, like and follow. Like my first article, it takes 10 likes to be an effective post, like and follow, must [Binance small profit, everyone can earn 10U! The task is very simple, just post a few posts in the Binance Square, like and follow. Binance Old users all go to play, just move your fingers for 73 dollars! #USDT $BTC
Binance Old users all go to play, just move your fingers for 73 bucks. New users wait for the newcomer activities, don't waste your eligibility! Binance little benefits, everyone can earn 10U. The tasks are very simple, just post a few messages in the Binance Square, like, and follow.
Binance Old users all go to play, just move your fingers for 73 bucks. New users wait for the newcomer activities, don't waste your eligibility! Binance little benefits, everyone can earn 10U. The tasks are very simple, just post a few messages in the Binance Square, like, and follow.