Chainwire, New York, NY, July 23, 2024

World Cellular Fee App Revolutionizes On-Chain Cross-Border Funds with Multi-Chain Performance

Reveel, an on-chain peer-to-peer funds dApp, at present introduced it has reached a big milestone of 100,000 customers throughout greater than 160 nations. This achievement makes the Binance Labs-backed startup the most important on-chain peer-to-peer (P2P) funds app, offering customers entry to decentralized, clear and safe on-chain funds worldwide throughout a number of tokens and chains, together with BNB Chain, with which Reveel not too long ago introduced a collaboration.

Based on Emarketer, almost three in 4 US smartphone customers are anticipated to ship cash by a P2P fee app by 2028. Regardless of this elevated adoption, cross-border funds through conventional methods nonetheless whole US$190 trillion. Whereas stablecoins supply a less expensive, much less complicated various to conventional cross-border funds, the fragmented nature of cryptocurrencies throughout tons of of networks has confirmed to be a barrier to wider adoption.

In contrast to different on-chain peer-to-peer fee strategies, Reveel's multi-token and multi-chain capabilities enable customers to simply make cross-border and peer-to-peer funds inside a easy, one-click interface, no matter their token or chain of selection. Reveel at the moment helps one-click funds with Bitcoin, Base, BNB Chain, Optimism and Polygon, in addition to all stablecoins on these chains.

As a pioneering omnichain funds infrastructure, Reveel affords many helpful options, together with:

• Multi-token and multi-chain funds: Reveel helps funds throughout a spread of tokens and blockchain networks, offering unparalleled flexibility and comfort.
• Programmable multi-wallet identifier: In contrast to conventional single-wallet methods, customers can create programmable routes for funds.
• Seamless Cross-Chain Transactions: Reveel connects customers throughout totally different environments with one-click cross-chain transactions, fostering a very interconnected monetary ecosystem.

“In the present day, blockchains are like nations: every with its personal economic system and transferring funds is much more sophisticated than cross-border transactions. However the future is multi-chain. That's why Reveel is constructing omni-chain know-how to allow individuals to make funds to anybody, anyplace, on any chain,” Reveel mentioned. Adrian Stern, Founder and CEO of Reveel“Our platform breaks down the boundaries that beforehand prevented seamless monetary transactions throughout all borders.”

Matt Legislation, Chief Industrial Officer at Outlier Ventures, additionally spoke in regards to the announcement: “At Outlier Ventures, we strongly consider in the advantages of decentralized, clear and safe on-chain funds. As one in every of our portfolio firms, we’re impressed with Reveel's omnichain P2P funds resolution and its potential to drive broader adoption of crypto-enabled funds.”

About Reveel

Reveel is an omni-chain fee infrastructure that allows one-click cross-chain funds, connecting individuals throughout borders and networks. A world P2P fee protocol, Reveel permits cash to movement to anybody, anyplace, on any chain. Customers can create their very own programmable fee identities, facilitating seamless transactions and fostering borderless communities. Reveel's core values ​​embody decentralization, community-driven motion, and self-sovereignty, making it a novel and forward-thinking resolution within the crypto house.

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