SUPS LOVE TO USTITUMENT OF TO DAY TO INTENDER BY INTERGRAVE WITH THE CRYPTOGRAPHICAL AND XMONEY CRYPTOGRAPHICAL PLATES to launch a virtual mastercard that allows users to make purchases with cryptocurrency across Europe.
Thanks to the partnership, the Blockchain de Suis was integrated into the Xportal application, a crypto and super-application portfolio used by more than 2.5 million people. From today, European users can activate a virtual mastercard linked to their SUP portfolio and add it to Apple Pay or Google Pay for more than 20,000 retail locations.
A physical card version should be published later this year, according to a press release shared by the SU Foundation. XMoney feeds infrastructure behind the scenes, management of cards, processing of payments and regulatory compliance.
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After the news, the SUP price jumped at $ 3.34, which represents an increase of 1.1% and a gain of 10.3% in the last 24 hours. The token has been on a bending, its price constantly recording gains in the past two months. It is a huge 61.4% in the last 14 days.
This backend work is crucial in Europe, where payments and financial services must comply with strict license frames. The result is a crypto-to-fiat bridge which seems as intuitive as using a bank card.
Christian Thompson, Managing Director of the Foundation Suis, said the following:
This new powerful product is an important step towards the strengthening of the following ecosystem accessible to everyday consumers. Xportal and XMoney's innovations show what is possible when intuitive interfaces mix with a strong infrastructure.
The CEO of XMoney, Greg Siourounis, added that the partnership provides developers with tools to launch applications that conform to consumers without building a complex infrastructure from zero.
The SUC ecosystem increases as prices are growing
The initiative positions the blockchain among the few layers of layer 1 offering retail payments on this scale. The network ecosystem has in particular cultivated in recent weeks, resulting in a significant increase in the following price.
The token rally coincides with an increasing interest in the mecoins of the ecosystem. In particular, Lofi and Blub, two tokens that recently attracted considerable attention, contributed to this wave.
Channel metrics also show that the ecosystem is developing. Artemis data show that the number of daily active addresses on the network has had a significant increase, from around 500,000 in February to almost 1.5 million. At the same time, daily transactions have approached the 6 million mark.
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