Fuse is thrilled to announce a new collaboration with NexusPay, the industry-leading stablecoin account solution. Collaboratively, the duo will address the shortcomings of conventional financial institutions, providing remote areas and communities with the means to actively participate in the economy.
Built with the FuseBox Web SDK, NexusPay expands the availability of digital assets and stablecoins to its users all around the world. Users get a streamlined experience for saving, transferring, and receiving funds with Fuse, a one-stop solution for Account Abstraction applications. It streamlines the process and minimizes transaction costs. This provides an option to the costly and time-consuming conventional banking systems that many Africans do not have access to, allowing them to conduct cross-border transactions more easily and cheaply.
By integrating with the Fuse blockchain, NexusPay brings together its powerful web3 payment ecosystem with the user-friendly digital dollar accounts in the app, therefore democratizing the financial scene in Africa. The option to change local fiat currencies into Digital Dollars easily, along with rapid, low-cost, and borderless transactions, will be available to users. As part of this partnership, it will also try to improve noncustodial finance by making it easier to make transactions, safer, and more cost-effective.
Using the FuseBox operator suite in conjunction with Account Abstraction (AA) to sponsor gas allows us to provide enormous value. We improve the efficiency and effectiveness of transactions by standardizing procedures at the contract level, which lowers gas fees and eliminates friction.
Fuse replaces conventional gas sponsorship whitelists with complex contract logic, giving customers access to improved security features including delegated execution, recovery mechanisms, and multi-signature choices. Managing accounts will be simpler and more safe with new features like social recovery, meta-transactions, and account abstraction. Efforts like authorizing and exchanging tokens may be simplified when users can bundle transactions together. In addition, using third-party services for key recovery and the option to establish accounts on behalf of new users will make onboarding them easier.
Griffins Oduol and Nashons Agate, Founders of NexusPay, said:
“ Fuse is at the forefront of finance in blockchain and their robust platform is well-suited for innovative solutions. We are confident that partnering with Fuse is the right move to make financial services more accessible and efficient for users across Africa.”
Together, Fuse’s extensive web3 payment platform and NexusPay’s state-of-the-art stablecoin solutions are building a bridge to inclusive and easy cryptocurrency transactions. In addition to the ease with which users may exchange local fiat currency for Digital Dollars, users will profit from quick, inexpensive, and international transactions.
Achieving financial independence is now as easy as clicking a button, and both firms are dedicated to making it happen.
