Mercuryo and Tangem Introduce Groundbreaking Zero-Fees On-Ramp for USDC on Stellar Platform
In an exciting development for cryptocurrency enthusiasts, Mercuryo, a prominent global payments infrastructure platform, has teamed up with Tangem, a leading self-custodial hardware wallet provider, to launch a limited-time, zero-fee campaign for purchasing USD Coin (USDC) on the Stellar network. This innovative offer enables users to acquire the dollar-backed stablecoin directly into their Tangem wallets without incurring fees from either Mercuryo or Tangem, marking a significant advancement in user-friendly cryptocurrency transactions.
The promotional campaign emphasizes accessibility by allowing purchases through credit or debit cards, including popular payment methods such as Apple Pay and Google Pay. However, to take advantage of this offer, users must meet specific transaction criteria: a minimum purchase of $150 or €150 is required to initiate the on-ramp, while individual transactions are limited to a maximum of $700 or €700. It's important to note that additional network transaction fees on Stellar will still apply, even with the zero-fee on-ramp.
Arthur Firstov, the Chief Business Officer at Mercuryo, expressed enthusiasm about the initiative, stating, "We're delighted to launch this zero-fee on-ramp for USDC on Stellar with Tangem. As stablecoin utility expands across the crypto ecosystem, this offer gives Tangem users a straightforward way to obtain access to USDC." This sentiment was echoed by Stanislav Bublik, Head of Investment Products at Tangem, who highlighted the significance of direct asset control: "The campaign gives users a simple way to buy USDC directly into a self-custodial wallet, so they control their assets from the moment of purchase. At the same time, they are acquiring a fully reserved, dollar-backed stablecoin with zero fees."
However, it’s crucial to mention that the promotion does not extend to users in the United States, United Kingdom, or the European Economic Area (EEA).
Mercuryo has earned its reputation as a pioneer in the rapidly evolving Web3 landscape, providing a range of innovative payment solutions that facilitate seamless on-chain integration. By simplifying the experience for newcomers to the digital token space, Mercuryo aims to enhance capital flow within the decentralized finance (DeFi) ecosystem, offering users an all-in-one interface for various payment services.
To participate in this on-ramp offer, users must possess a Stellar (XLM) balance or first fund their Tangem wallet with XLM in amounts ranging from €10 to €50. Notably, these XLM top-ups are also available without additional fees. The offer covers all supported local currencies, furthering involvement in the cryptocurrency ecosystem.
Despite the promising aspects of this collaboration, potential users should remain aware of the volatile nature of cryptocurrency assets. Investors are advised to consider their individual circumstances and seek independent financial counsel if needed before engaging in transactions.
Mercuryo is not merely a payment provider; it’s at the forefront of enhancing the growth of payment use cases in the decentralized environment. Its innovative solutions bridge the gap between traditional finance (TradFi), Web2, and Web3, propelling the next generation of payment services forward. With a diverse suite of partnerships—including prominent names like Trust Wallet, MetaMask, Revolut, Mastercard, and Visa—Mercuryo is firmly committed to pushing the boundaries of what’s possible in the digital token economy. As they continue to expand and innovate their product offerings, enthusiasts and investors alike can expect exciting developments ahead.
To learn more, visit Mercuryo's official website at https://mercuryo.io/.