This article is from bitcoinke.io and the original article can be read here
In a blog post by CEO, Lanre Adelowo, FluidCoins, a startup focusing on APIs to enable businesses support crypto payments, announced its latest product, Wallet-as-a-Service.
With the product, businesses get to offer crypto-powered financial services/products to customers using stablecoins, a type of cryptocurrency whose value is pegged to the dollar or other currency.
According to FluidCoins:
“You can generate stablecoin addresses across 4 different blockchains, and receive deposits on them at zero cost.
Alternatively, these deposits can be sent out as USD to an international bank account or sent to another crypto address.”
– FluidCoins
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SEE ALSO: [WATCH] Meta Opens Cloud API to Enable Businesses Build on Top of WhatsApp
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An application programming interface (API) is a connection between computers or between computer programs. It is a type of software interface offering a service to other pieces of software.
So Fluidcoins is like if Tr*st Wall*t had an API and dashboard? So brilliant.
— gambino🇬🇠(@atsudavoh) April 26, 2022
FluidCoins currently has integrations with 4 blockchains:
- Ethereum
- Binance Smart Chain (BSC)
- Tron
- Polygon
This means that the product can support payments and other financial services relying on any of those chains.
In addition, the product supports 3 of the leading stablecoins that are backed by assets reserved with financial institutions:
| STABLE | SUPPORTED CHAIN |
| $USDC | ERC20, Polygon, and Binance smart chain |
| $USDT | ERC20, Polygon, and Tron |
| $BUSD | Binance smart chain |
According to FluidCoins, the API is totally free to use for any use cases with the startup only charging withdrawal fees for transactions on the different blockchains.
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. EmeringCrypto.io does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.