Worlds Paysafe’s Skrill has currently partnered with popular cryptocurrency service Coinbase to launch a new swift- label solution, thus enabling it’s customers across some particular areas in the world to conscientiously trade multiple cryptocurrencies.
However, the collaboration cushion the British based payment platform presence as customers benefit from faster transactions And Lower Fees
No doubt, Skrill digital wallet will help facilitate and fasten such services at the world’s largest cryptocurrency market.
Although this happen to be the first phase of Skrill’s intent expansion into the US cryptocurrency market which has thus strengthens American access to digital wallet availability, with support for other states in expectation pretty much soon.
The fast-growing rate of crypto adoption in the United States provides a new avenue for Paysafe to add to its global consumer base.
However, Skrill is also using this opportunity to widen its footprint in the united state as residents in some states like Alaska, Colorado, Kansas, Kentucky, Maryland, New Hampshire, South Dakota, Tennessee, Virginia, Vermont, and Wyoming will now be able to take advantage of the Skrill crypto wallet, which commenced in 2018 and already serves users in over 30 countries.
Meanwhile, In the announcement made by Lorenzo Pellegrino, who happens to be the CEO of Skrill, he said: “We’re delighted to better serve our customers’ needs by launching our Skrill crypto offering in the country in partnership with Coinbase. Powered by Coinbase’s sophisticated platform, our crypto offering is just Skrill’s latest US move to provide consumers with a best-in-class digital wallet.”
With this new swift- label solution, Skrill’s US customers can use the digital wallet to instantly buy and sell cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
However, the Head of Institutional Trading at Coinbase, Brett Tejpaul also made his comment saying “As we focus on building the .crypto-economy, we look to partner with leaders like Skrill who can swift-label our turnkey solution to provide and support digital assets to their clients”
This is no doubt a good partnership deal between both companies we hope this development spreads across the mass world and thus extends to Nigeria soon.