Transak has announced support for Unichain, a Layer 2 blockchain scaling solution developed by Uniswap Labs. Transak’s integration aims to lower entry barriers for users, allowing them to buy digital assets using traditional currencies.
Transak and Unichain's New Partnership
The collaboration was officially unveiled at the Artificial Intelligence Action Summit in Paris. Leveraging Transak’s robust payment infrastructure, Unichain users can enjoy a frictionless experience converting fiat into crypto assets.
Benefits of Unichain for DeFi
Unichain addresses long-standing DeFi challenges such as high transaction fees, slow processing speeds, and liquidity fragmentation. As a superchain built on Ethereum, Unichain reduces transaction costs by up to 95% compared to Ethereum Layer 1.
Enhanced User Capabilities
Transak’s integration enhances Unichain’s accessibility by providing a secure and user-friendly onboarding process. Operating in over 160 countries, Transak supports various localized payment methods and ensures a secure financial ecosystem.
The integration of Transak into Unichain fosters a more inclusive and efficient DeFi landscape, enabling users to seamlessly move between fiat and cryptocurrencies.
