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Home»Blockchain»Ramp Network integrates Solana-based Helio to increase Web3 Fiat access
Blockchain

Ramp Network integrates Solana-based Helio to increase Web3 Fiat access

2023-11-29No Comments3 Mins Read
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  • Ramp Network has announced a new partnership with Helio, a Solana-powered Web3 payments platform, to make it easy to accept fiat and stablecoin payments.
  • Ramp users can now purchase top tokens including SOL, ETH and MATIC, as well as all other ERC-20 and SPL tokens, directly with their fiat currency.

Ramp Network has announced a new partnership with Helio that will further its mission to empower users by giving them a direct connection between cryptocurrencies and fiat.

Ramp integrates Helio’s Web3 payments platform to simplify the process of accepting payments in fiat, stablecoins such as USDC and USDT and other cryptocurrencies for merchants, content creators, internet entrepreneurs, global traders and other users.

“We are pleased that Helio will join us on our journey to bridge the gap between traditional financial systems and the evolving world of web3. Helio users can now effortlessly switch from fiat to cryptocurrencies like $ETH, $SOL, $MATIC, $USDC and more, right within the Helio payment app,” said Jose Jimenez-Mancha, the Chief Commercial Officer at Ramp, in a press conference . edition shared with CNF.

He added:

This partnership is about more than just facilitating transactions; it’s about making the Web 3 accessible, efficient, and enjoyable for everyone from e-commerce sellers to content creators.

Ramp was launched two years ago to provide fiat on- and off-ramp services for Solana-based tokens. Although it has been one of the top projects in this field, this marks the first collaboration with another high-flying ecosystem project. By integrating Helio, Ramp will now provide access to dozens of top tokens at the best market rates on its platform.

See also  Crypto companies are racing to 'quantum-proof' wallets before Bitcoin and Ethereum networks catch up

Ramp and Helio make Web3 accessible

The partnership will play a role in shaping decentralized payments,”powered by our industry-leading on-ramp that offers instant payouts, minimal fees and an easy-to-use experience that welcomes everyone to the world of crypto,” says Jimenez from Disaster.

Helio’s co-founder and CTO Jim Walker echoed the comments as he expressed his company’s excitement about partnering with one of the industry’s biggest players.

“This step goes beyond simple integration; it represents a substantial step in introducing mainstream users to the benefits of decentralized payments, including instant payouts and low fees, and achieving our goal of making crypto payments accessible and enjoyable for everyone,” said Walker.

Helio was launched last year and within a year and a half has become one of the most prominent projects of the Solana ecosystem. Since launch, it has processed more than $25 million in payments for more than 75,000 unique wallets. It is suitable for various cryptocurrency projects that pursue e-commerce transactions, NFT sales, peer-to-peer deposits, paywalling content, and subscription payments.

Although it initially launched on Solana, Helio has expanded to Ethereum, Polygon, and Bitcoin. It boasts an uptime of 99.99% and a transaction success rate of 98%. It serves some of the most important entities in the space, including the Solana Foundation and Polygon Labs.

Walker added:

As the first major project in the Solana ecosystem to partner with Ramp, we are excited to continue developing innovative solutions that will revolutionize the future of digital payments.

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