Fuse has unveiled an exciting new collaboration with NexusPay, a leading provider of stablecoin account solutions. The objective of this partnership is to streamline cryptocurrency payments, reducing both friction and gas fees. The ultimate goal is to create a seamless experience for saving, converting, sending, and receiving funds, particularly for unbanked individuals in Africa.
Fuse, a blockchain platform geared towards small to medium businesses and communities, prioritizes high performance and low transaction costs. By integrating DeFi features, Fuse ensures that smart payment technology is accessible and user-friendly. Its design is optimized for SMBs and communities, offering high throughput and low fees. Fuse connects smart payment technology to DeFi features, making it easy for users to embrace.
Through this symbiotic relationship, Fuse and NexusPay aim to overcome the limitations of the traditional financial sector. Their objective is to equip communities and regions with the necessary tools for economic engagement. NexusPay, developed with the assistance of the FuseBox Web SDK, will enhance the accessibility of digital assets and stablecoins, making them more readily available to users worldwide.
NexusPay utilizes the Fuse blockchain to revolutionize the financial landscape in Africa. By integrating Fuse’s web3 payment system with NexusPay’s user-friendly digital dollar accounts, consumers will benefit from efficient, cost-effective, and cross-border payments. They will also have the ability to trade local fiat currencies for digital dollars, making cross-border transactions more affordable compared to traditional banking systems.
Fuse introduces contract logic to replace gas lists, while also adding additional layers of security through multi-sign options, recovery forms, and delegated execution. Account management is made easier with the introduction of new features such as meta transactions, social recovery, and account abstraction.
The founders of NexusPay, Griffins Oduol and Nashons Agate, expressed their confidence in the partnership, emphasizing that Fuse is a trailblazer in blockchain finance. They believe that Fuse provides a solid foundation for proposing robust solutions, and they are confident that partnering with Fuse is the right decision to enhance the provision of financial services for users in Africa.
