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Polygon joins Wyre’s mission to build secure fiat-to-crypto onramp

By Pavithra R

July 26, 2021

  • America
  • Polygon

Wyre, a leading blockchain payments company has announced enabling a fiat to USDC onramp with Polygon to their payment API.

Wyre provides payment APIs for individuals, developers, and partners. The firm has now added $USDC to their payment API meaning that users can pay with Polygon on the Dapps built by the developers. This service has been enabled across 43 US states to pay using $USDC through Wyre API, with the conversion process taking less than 30 seconds. This token is available with both Wyre’s Check and Card Processing API.

“Wyre is excited to announce our integration with Polygon. Our Checkout API enables developers to quickly and easily provide fiat to USDC onramp for their users, making the Polygon network more accessible than ever before. We are really looking forward to working together with the Polygon team, as well as their developer ecosystem, to enhance their customer experience for everyone interacting with this ambitious protocol,” said Ioannis Giannaros, CEO of Wyre.

With this addition to Wyre, Polygon developers building their Dapps can integrate the checkout & card-processing API from Wyre and receive $USDC payments. By enabling fiat to USDC onramp, Wyre has opened the doors for mass adoption among non-crypto users and will contribute to the growing DeFi ecosystem on Polygon.

“Wyre is putting everything into building a secure fiat-to-crypto onramp for the world to use. As the latest project to join Wyre’s mission, we’re doing what we can to bring millions of potential users into the crypto space,” said Sandeep Nailwal, Co-Founder at Polygon.

Established in 2013, Wyre is the leading fiat-to-crypto and payment infrastructure company for the crypto ecosystem. It offers an advanced portfolio of financial services to individual, business, and enterprise clients, including fiat-to-crypto on-ramps, payouts, compliance, crypto wallet infrastructure, foreign exchange, and savings accounts. The “Wyre Network” reaches millions of customers around the world, expanding DeFi’s growth and bringing in more users with every partnership.

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