Wider Tokens Use & Liquidity to Follow

Crypto.com announced via a Tweet and blog post that it has integrated Crypto.com Pay with their DeFi Swap, which will allow a number of DeFi tokens to be used on the Crypto.com Pay platform.

Crypto.com Pay is one of the easiest ways for merchants to enter the crypto payments ecosystem, and Crypto.com just made it easier to make payments in a wider range of tokens.

With a global footprint, Crypto.com Pay is a leading payments provider for crypto holders, and also merchants that want to tap into the crypto markets.

Some of the tokens that will be available for payments are CRO, ETH, WBTC, LINK, and UNI. In addition, if a client uses CRO to make payments, they will receive a 10% discount.

Crypto.com expects this tie-up to enhance Swap-Fee Sharing for DeFi Swap Liquidity Providers for every Pay transaction. With the growth of the Crypto.com ecosystem, more clients and merchants can use cryptos for everyday purchases.

Crypto.com Brings Utility to Tokens

The days when tokens were difficult to use a means of payment are long gone – and Crypto.com has been an influential part of the solution.

Crypto.com Pay clients can now use ETH, LINK, UNI, WBTC, UMA, SWRV, REN, NEST, HBTC, renBTC, CRV, YFI, TRU, FARM, COMP, and AAVE, to pay for anything they like with Crypto.com pay in addition to CRO.

With DeFi gaining traction as not only an investment, but a way to access liquidity, this move may further legitimize DeFi tokens as an asset class that can create returns, and be used for payments in the real world.

Using the Platform is Easy

One of the things that has made Crypto.com Pay so successful is how easy it is to use. Clients can simply scan a QR code, and then choose the token they wish to make the payment with.

Cryptos don’t have to be difficult to use, and Crypto.com has a range of tools that people can use to pay with cryptos.

In addition to Crypto.com Pay, the company offers the MCO Visa Debit card, which allows its users to spend cryptos as cash – anywhere that accepts Visa…

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