SINGAPORE, July 10,
2024 /PRNewswire/ -- EMURGO is thrilled to announce
that the Anzens USDA stablecoin will launch under the
seasoned crypto team Encryptus, with the EMURGO team
continuing to support the upcoming launch as a technology
provider.
Last year, we faced significant headwinds when bringing USDA
stablecoin to market and promised an exploration of
alternative ways to launch. The upcoming launch under Encryptus
marks a delivery on our promise with a team ideally positioned to
take USDA to new heights.
USDA to be Launched by Experienced Institutional-Grade
Trading Desk Encryptus
Founded in 2021, Encryptus empowers high-volume users with
secure and efficient crypto transactions, offering
large-scale crypto pay-ins and payouts. Encryptus'
trading desk model removes intermediaries, offers competitive fees,
and provides seamless transactions with the option to convert to
local currencies. In addition to their experience, Encryptus is a
compliance-centric crypto team. With a European
license, VASP status in Lithuania,
and the largest payout network spanning 80+ countries, their
industry-leading off-ramp services ensure regulatory compliance and
user confidence.
With a strong background in large-scale efficient
crypto transactions, Encryptus is also no stranger to
Cardano. They have already partnered with EMURGO,
working with the Yoroi Wallet mobile team to integrate an off-ramp
solution to allow ADA-to-fiat conversions, expanding the
functionality for those times when Cardano users need
to settle in the real world.
USDA users can count on Encryptus to be dedicated to building
the future of USDA, a fully backed stablecoin native
to Cardano that users can manage autonomously,
transferring it to anyone, quickly and cheaply.
The Encryptus team has years of experience running a compliant
trading desk and building relationships with high-volume users in
the crypto world, focusing on empowering businesses
and emerging markets with a regulation-first approach.
Look forward to exciting new features such as:
- Worldwide off-ramps: Seamlessly buy USDA against widely used
currencies, with off-ramping capabilities in 80+ countries.
- Access to frontier markets: Connecting emerging economies to
developed ones by providing affordable liquidity.
- Simplifying access to Web3: Bridging the gap to traditional
financial services for businesses and individuals in need.
And much more.
EMURGO's evolution and support
Building on the extensive expertise acquired in developing a
tokenization platform last year, EMURGO is uniquely positioned to
deliver robust and innovative blockchain infrastructure support to
the Encryptus team.
This collaboration also extends to any business seeking to
tokenize real-world assets.
As the technology provider behind the Anzens platform, EMURGO
looks forward to enabling the new features envisioned by Encryptus.
The goal is to assist in a seamless transition with the same ethos
that meets and exceeds users' needs.
Looking forward
Stay tuned for updates by signing up on the brand new website
and following Anzens on social media @anzensofficial.
Businesses interested in partnering on Anzens USDA, contact
info@anzens.com.
About EMURGO
EMURGO is a blockchain technology company
and a founding entity of the Cardano blockchain that
provides products and services to drive the adoption of
Cardano's Web3 ecosystem.
To connect and learn more, visit https://emurgo.io.
About Encryptus
Founded in 2021, Encryptus empowers
institutions with secure and efficient crypto
transactions, offering large-scale crypto pay-ins and
payouts. With a European license, VASP status in Lithuania, and the largest payout network
spanning 80+ countries, their industry-leading off-ramp services
ensure regulatory compliance and user confidence.
For more information, please visit https://encryptus.io/.
For more information:
Abhinav Mehta
Head of Marketing and Partnerships
380151@email4pr.com
+971585612194
Disclaimer
You should not construe any such
information or other material as legal, tax, investment, financial,
or other advice. Nothing contained herein shall constitute a
solicitation, recommendation, endorsement, or offer by EMURGO to
invest.
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SOURCE EMURGO