September 19, 2024 at 10:08AM
0xProcessing, a crypto payment
gateway with its own proprietary blockchain infrastructure and high level of
security, today announced that it now supports Base, an Ethereum Layer-2
blockchain network, with ETH and USDC being the first coins to be supported by
the service. The expansion of 0xProcessing capabilities is aimed at offering
its customers an improved scalability, performance, and interoperability while
reducing transaction costs and settlement time.
0xProcessing
users can now easily and conveniently accept and send cryptocurrency payments
worldwide using Base-based ETH and USDC. This addition expands the platform’s
extensive offering of 50+ supported cryptocurrencies, providing their users
with even greater flexibility and convenience in managing their digital
transactions.
0xProcessing
Chief Technology Officer (CTO) Lucas Hoffman said:
“As
0xProcessing’s mission is to turn payment and financial freedom into reality,
we are proud to enhance the list of supported chains with Base. With the
addition of this Ethereum Layer-2 blockchain network, businesses can now
achieve more flexibility in their payment options, offering their clients
a wider range of coins for payments.”
Base is an
Ethereum Layer 2 (L2) chain built on open-source OP Stack in collaboration
between Coinbase and Optimism. Base offers full EVM compatibility at a fraction
of the cost and is committed to pushing forward the developer platform. Base
makes it easy to build decentralized apps. As a decentralized platform, Base
supports a wide range of dApps and smart contracts.
About
0xProcessing
0xProcessing
is a crypto payment gateway focused on high payment conversion and funds
security with its own proprietary blockchain infrastructure. 0xProcessing
supports more than 50 cryptocurrencies. Its unique Volatility Risk Control
System (VRCS) provides businesses with volatility protection by automatically
converting crypto payments into stablecoins, safeguarding revenue streams from
market fluctuations and ensuring financial stability. The platform offers
an automated recurring payment system streamlines subscription-based business
models, simplifying payment collection and ensuring a steady revenue
flow.
This article was written by FL Contributors at www.forexlive.com.
