menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Harbour Te...
source image

Coindoo

1w

read

133

img
dot

Image Credit: Coindoo

Harbour Teams with Velocity Labs to Launch Instant Stablecoin Payment Between EU Banks and Polkadot

  • Harbour, in partnership with Velocity Labs, has launched their stablecoin payment system “Magic Ramp”, connecting SEPA Instant payment rails with Polkadot.
  • Magic Ramp allows Euros to be sent from any bank account and received as USDC on-chain in less than 30 seconds, with minimal fees.
  • Developers can issue virtual IBANs linked to Polkadot wallet addresses, bridging SEPA Instant payment rails in Europe with the Polkadot Asset Hub.
  • Harbour's Magic Ramp simplifies integration of traditional banking entities with Web3, addressing challenges in payments to meet market needs.

Read Full Article

like

8 Likes

For uninterrupted reading, download the app