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Fuse has announced an exciting new partnership with NexusPay, a leading stablecoin account solution. This collaboration aims to make crypto payments smoother. This partnership will reduce both friction and gas fees. It will also provide a seamless experience for saving, converting, sending, and receiving funds, particularly for unbanked users in Africa.
Fuse and NexusPay to Improve Digital Asset Accessibility
Fuse is a blockchain platform tailored for small to medium businesses and communities. Furthermore, it focuses on high performance and low transaction costs. By integrating DeFi features, Fuse makes smart payment technology accessible and easy to use. Fuse is designed for SMBs and communities and optimised for high throughput and low fees. Fuse brings smart payment technology and makes it easy to use by connecting it to DeFi features.
From this symbiotic relationship, Fuse and NexusPay will strive to overcome the drawbacks of the formal financial sector. They are designed to equip communities and regions with the means required for their economic engagement. Being developed with the help of the FuseBox Web SDK, NexusPay will enhance the accessibility of digital assets and stablecoins, as well as increase their availability for users across the world.
NexusPay Uses Fuse Blockchain to Transform African Finance
NexusPay uses Fuse blockchain to level the playing field in the financial sector in Africa. Therefore, when Fuse integrates its web3 payment system with NexusPay’s simple digital dollar accounts, consumers will receive efficient, cheap, and cross-border payments. They will also be able to trade local fiat currencies to digital dollars which will make cross border transactions cheaper compared to the traditional banking systems.
Fuse applies contract logic to replace gas lists as well as to introduce added layers of security in the form of multi-sign options, recovery forms and delegated execution. Meta transactions, social recovery and account abstraction are among new features that will ease account management.
The founders of NexusPay, Griffins Oduol and Nashons Agate, affirmed their trust in the partnership. They said that Fuse is one of the pioneers in blockchain finance, and they are ready to propose strong solutions based on the platform. They are also assured that entering into a partnership with Fuse is the right decision to enhance the provision of the financial services required by users in Africa.