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Cryptocurrency News Articles

Stratis Money Service Announced, a New Crypto-to-Fiat Payment Gateway

Jan 29, 2025 at 05:44 am

nnounced the launch of Stratis Money Service, a new crypto-to-fiat payment gateway set to go live on February, 5th. Designed to help businesses accept cryptocurrency payments, the service aims to bridge the gap between digital assets and traditional finance.

Stratis Money Service Announced, a New Crypto-to-Fiat Payment Gateway

Stratis Money Service Beta Launch: Effortless Crypto-to-Fiat Gateway

Stratis has unveiled the beta launch of Stratis Money Service, a crypto-to-fiat payment gateway set to revolutionize the way businesses accept digital asset payments. The service, launching on February, 5th, aims to seamlessly integrate crypto payments into traditional finance.

Key Highlights:

The platform boasts Bank of Spain regulation, ensuring adherence to stringent financial standards.

Businesses can accept payments on a wide range of blockchain networks, including Arbitrum, Base, Polygon, Ethereum, and more.

Advanced security measures are employed, utilizing Microsoft Hardware Security Modules (HSM) for secure key management.

Crypto payments are swiftly converted into fiat upon receipt, minimizing exposure to price volatility.

Businesses have the option to accept only stablecoins for further risk reduction.

Interested parties can access the beta version of Stratis Money Service at beta.money.stratisplatform.com, where businesses can test the service firsthand before the full rollout.

About Stratis

Stratis is a powerful and versatile blockchain development platform catering to the unique demands of enterprises and financial institutions. Founded in 2016 by Chris Trew, Stratis provides the necessary tools for businesses and organizations to test and deploy their own private blockchains within the native Stratis ecosystem. A key aspect that sets Stratis apart is its capability to enable developers to build applications using the widely accessible language of C# .NET, a factor that aims to enhance adoption and ease of use.

The platform's native cryptocurrency token, STRAX, serves various functions within its ecosystem, facilitating operations and securing the network. Notably, Stratis also offers a proof-of-stake (PoS) consensus algorithm, where holders of STRAX can stake their coins to earn rewards for participating in the transaction verification process. Additionally, the platform boasts a unique feature called TumbleBit, which ensures user privacy by rendering transactions virtually untraceable. In essence, Stratis endeavors to provide a user-friendly platform for developers and businesses seeking to create customized blockchain solutions.

Original source:tradingview

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