Wednesday, November 6, 2024

Breezepay secures US funding grant to increase stablecoin funds platform

Breezepay have been awarded a US$130,000 grant from the XRPL Grants accelerator program, the one Australian firm to safe funding from this present spherical and one in every of solely seven worldwide.

Ryan Bogatez, the Founder and Chief Govt of Breezepay, mentioned the funds will probably be used to increase the corporate’s stablecoin funds gateway platform, scale up its technological infrastructure, and foster partnerships that can convey its cost answer to a wider viewers.

“We’re past excited for this chance that XRPL Grants has offered us,” mentioned Bogatez.

“This grant isn’t only a monetary enhance—it’s a vote of confidence in our imaginative and prescient to make stablecoin funds as commonplace and easy as utilizing money or playing cards. We’re able to take the stablecoin cost expertise to new heights, making it extra inclusive and accessible for everybody,” Bogatez added.

The XRPL Grants judging panel assessed 130 worldwide purposes for the present spherical of funding, with Breezepay’s Bogatez and different group members outlining how their platform will bridge the hole between the advanced world of stablecoins and the on a regular basis purchasing expertise.

“The judges have been impressed by our imaginative and prescient for an ‘straightforward breezy’ cost course of and our plan to presents a easy, safe, and swift transaction course of for companies and shoppers alike by means of blockchain expertise,” Bogatez mentioned.

The XRP Ledger (XRPL) is a decentralised layer 1 blockchain famend for its decade-long reliability and stability in tokenising and exchanging crypto-native and real-world property.

Designed to assist companies and builders, it’s powered by XRP, a cryptocurrency purpose-built for funds. Trusted by over 1,000 visionary builders and companies worldwide, the XRP Ledger presents institutional-grade performance and built-in options to allow safe, environment friendly, and scalable monetary companies and use instances. It’s greater than only a blockchain – it’s a world developer neighborhood devoted to reworking future enterprise options. Be taught extra and construct your corporation with confidence at XRPL.org.

To enroll to Breezepay as a person or a service provider, head to www.breezepay.com.au.

The XRPL Grant award is available in the identical month that Breezepay’s stablecoin cost gateway product went reside on WooCommerce, making Breezepay accessible to any retailer constructed on WordPress. So as to add Breezepay to your WooCommerce retailer, head to: https://wordpress.org/plugins/breezepay/


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