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CrossFi Launches EVM-Compatible Blockchain for Web3 Payment Infrastructure
CrossFi’s Mainnet Goes Live for Web3 Transactions
CrossFi enters the market with its EVM-compatible blockchain, paving the way for a seamless payment infrastructure in the web3 space. The successful testnet, boasting a million active wallets and key validator partnerships, sets a solid foundation for the network’s growth.
Advancing Decentralized Finance with CrossFi’s Mainnet
With the official launch of CrossFi’s mainnet, businesses now have access to a reliable decentralized payment system. The Layer 1 network’s impressive transaction throughput and compatibility with Ethereum-based assets make it an attractive option for companies looking to integrate crypto payments into their operations.
CrossFi Chain’s Focus on Stablecoins and Synthetic Assets
Powered by Cosmos SDK and Tendermint, CrossFi Chain enables the issuance of stablecoins and synthetic assets, offering a range of financial solutions in the web3 ecosystem. From staking and lending to crypto-fiat exchange and virtual debit cards, CrossFi provides a comprehensive suite of services for users to manage their digital and traditional assets.
Empowering Users with CrossFi’s Ecosystem
Within the CrossFi ecosystem, users can leverage the CrossFi xAPP for token swapping and liquidity provision, while the XAssets platform facilitates the minting and trading of real-world assets. With the governance and payment token, Mint Power (MPX), stakeholders can actively participate in shaping the future of the network while enjoying low transaction fees and enhanced capital efficiency.
The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
