CoinsPaid, a prominent player in the crypto payment gateway sector, has announced a significant upgrade to its services by integrating Arbitrum and Base, two leading Layer 2 blockchains. This move aims to enhance transaction efficiency for users, providing faster and more cost-effective payment solutions. The publication demonstrates positive momentum in the developments.
Integration of ETH and USDC
The integration supports both ETH (Ethereum) and USDC (USD Coin) on the newly added networks, enabling merchants to process instant payments with significantly reduced fees. This development is a crucial step in CoinsPaid's ongoing mission to streamline crypto payments on a larger scale, ensuring that users can enjoy the benefits of blockchain technology without the usual friction.
Benefits for Merchants
Aliaksei Tulia, CTO of CoinsPaid, emphasized that this integration allows partners to take advantage of instant transactions and lower operational costs, which are vital for businesses that operate in high-volume or global markets. The addition of Arbitrum and Base not only enhances transaction speed but also maintains the robust security standards associated with Ethereum. This makes it a win-win for merchants looking to optimize their payment processes.
In a notable development, Bitcoin World (WSPN) has partnered with ArrivalX to transform cross-border payments, enhancing transaction efficiency for businesses globally. This collaboration contrasts with CoinsPaid's recent integration of Layer 2 blockchains. For more details, see read more.
