Disclaimer: The textual content under is a press launch that’s not a part of Coinbold.io editorial content material.
Spritz will allow its clients to seamlessly hyperlink their bank cards, mortgage, scholar loans and extra month-to-month bills instantly to their crypto pockets and make funds in USDC and different stabelcoins on the Polygon community
GREENWICH, Conn., – July 5, 2022 – Spritz Finance, a Web3 invoice pay platform for decentralized finance (DeFi) customers to simply pay their payments with crypto, introduced right this moment a brand new product function permitting clients to instantly pay their payments straight from crypto wallets, resembling Metamask, utilizing USD Coin (USDC), in addition to different stablecoins, together with USDT andDAI. The function is obtainable now for Spritz non-public beta customers in the US lively on the Polygon Network.
Spritz Founder and CEO Chris Sheehan mentioned the new function will additional help the firm’s objective of bridging decentralized and conventional finance.
“Our Direct Wallet Pay release helps us bridge TradFi to DeFi in the most straightforward way possible, by leveraging the world’s top crypto wallets and stablecoins like USDC together,” he mentioned. “This brings us one step closer to our vision of connecting every smart contract and crypto wallet to real-world utility, and bringing web3 personal finance to more people with less complexity.”
Circle’s USDC is a number one greenback digital forex that has turn into a mainstay in DeFi and crypto capital markets, with greater than $56 billion USDC in circulation as of June 30, 2022.
Spritz’s Direct Wallet Pay function permits customers to leverage their stablecoin holdings and pay month-to-month payments, resembling bank cards, scholar loans, utilities, residence funds, and extra, with a trusted greenback digital forex, somewhat than changing to fiat and offramping to a financial institution.
Crypto holders and DeFi customers on Polygon with US invoice pay accounts are inspired to be part of the Spritz waitlist by visiting spritz.finance, the place they will request non-public beta entry and be part of the Spritz beta neighborhood.
About Spritz Finance
Spritz Finance permits bill-pay instantly from crypto wallets and DeFi protocols — with no financial institution required — on a path to ultimately connecting each sensible contract and each conventional use-of-funds in the complete world: from mortgage funds and bank cards to month-to-month utility payments and scholar loans. Through the firm’s first product, clients can schedule their invoice funds from their crypto wallets with out ever needing to unwind their positions or offramp by a financial institution. The firm is at present in closed beta with a waitlist, which might be joined from the Spritz web site. https://spritz.finance.