MoonPay Announces Global Support for Polygon, Delivering Global Access to MATIC
- Payments , Cryptocurrencies , Infrastructure
- 21.07.2021 11:00 am
MoonPay, the global payments solution for cryptocurrency, has announced global support of Polygon, a protocol and framework for building and connecting Ethereum-compatible blockchain networks, to enable purchases of MATIC (Polygon’s token and PoS chain) assets with fiat currency.
MoonPay’s market-leading infrastructure boasts the highest fiat-to-crypto on-ramp conversions in the world and will, for the first time, bring millions of users across the globe to the MATIC ecosystem. Users will now enable purchases of MATIC ETH, MATIC USDC, and Native MATIC with fiat currency.
It will now break down the barriers to entry for Polygon users on all payment methods from digital wallets, traditional credit, and debit cards. It also enables users to access NFT marketplaces and decentralized apps (DApps) on the Polygon ecosystem. MoonPay will also send a small amount of MATIC for each Polygon USDC and ETH purchase, allowing customers to quickly transact without having to buy additional MATIC to pay for network fees.
Ivan Soto-Wright, CEO and Co-Founder of MoonPay said, “At MoonPay, we want to make buying and selling cryptocurrencies across all ecosystems seamless. Our agnostic support with Polygon creates whole new accessibility to MATIC for millions of users, and we are thrilled to have also enabled this access in the U.S. for the first time ever.
“MoonPay has moved beyond being a payment provider and we are now bringing new users from across the globe to the Polygon ecosystem. We are looking forward to crypto users, old and new, enjoying the simplicity this creates.”
Sandeep Nailwal, Co-Founder of Polygon said, “Integrating a fiat on-ramp onto our network has been our top priority, and finding the right partner to do this has been so important for us. MoonPay’s reputation and track record of seamlessly integrating fiat on-ramps into blockchain networks made them the perfect choice and we are excited to enable our customers across the world, and particularly in the US where it hasn’t been possible, to get onto the Matic ecosystem with complete ease."
To learn more on how to access the MATIC ecosystem, visit www.moonpay.com/buy/matic.