cryptonewsz.com
On December 4, Bridge CEO, Zach Abrams announced their partnership with Fuse Wallet to introduce virtual US bank accounts that allow users to directly receive payments in USDC through traditional USD bank transfers.
thrilled to partner with the @fusewallet team. with this launch, global consumers can now easily save and spend in dollars.
And your Fuse wallet will keep getting better. We’ve got a lot more in the works, excited for all the Bridge + Fuse teams will ship in the months ahead. https://t.co/spxc06dJF0
— Zach (@zcabrams) December 4, 2024
Bridge Joins Force With Fuse To Enhance USDC Accessibility
The collaboration aims to solve a key issue in the crypto payment ecosystem; the complexity and costs of on-ramping to USDC. Users can now bypass the need for multiple platforms and conversions, receiving USDC directly in their Fuse Wallet for a minimal 0.1% conversion fee.
The new feature will be powered by Bridge and simplify the process of crypto translations by eliminating the reliance on centralized exchanges.
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For users, this means they can now receive USDC payments through regular bank transfers, offering a more straightforward, cost-effective alternative to traditional crypto payment methods.
Alongside the new payment features, the Fuse Wallet is expected to launch the Fuse Card for US residents, further bridging the gap between traditional banking and cryptocurrency usage. With this move, both Bridge and Fuse are working towards a more seamless and accessible financial ecosystem for crypto users worldwide.