In a blog post by CEO, Lanre Adelowo, FluidCoins, a startup focusing on APIs to enable businesses support crypto payments, announced its latest product, Wallet-as-a-Service.
With the product, businesses get to offer crypto-powered financial services/products to customers using stablecoins, a type of cryptocurrency whose value is pegged to the dollar or other currency.
According to FluidCoins:
“You can generate stablecoin addresses across 4 different blockchains, and receive deposits on them at zero cost.
Alternatively, these deposits can be sent out as USD to an international bank account or sent to another crypto address.”
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An application programming interface (API) is a connection between computers or between computer programs. It is a type of software interface offering a service to other pieces of software.
So Fluidcoins is like if Tr*st Wall*t had an API and dashboard? So brilliant.— Product Guy (@atsudavoh) April 26, 2022
So Fluidcoins is like if Tr*st Wall*t had an API and dashboard? So brilliant.
FluidCoins currently has integrations with 4 blockchains:
This means that the product can support payments and other financial services relying on any of those chains.
In addition, the product supports 3 of the leading stablecoins that are backed by assets reserved with financial institutions:
According to FluidCoins, the API is totally free to use for any use cases with the startup only charging withdrawal fees for transactions on the different blockchains.
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