Greenwich, Connecticut, fifth July, 2022, Chainwire
Spritz will allow its clients to seamlessly hyperlink their bank cards, mortgage, scholar loans and extra month-to-month bills immediately to their crypto pockets and make funds in USDC on the Polygon community
Spritz Finance, a Web3 invoice pay platform for decentralized finance (DeFi) customers to simply pay their payments with crypto, introduced in the present day a brand new product characteristic permitting clients to immediately pay their payments straight from crypto wallets, equivalent to Metamask, utilizing USD Coin (USDC). The characteristic is offered now for Spritz non-public beta customers energetic on the Polygon Network.
Spritz Founder and CEO Chris Sheehan mentioned the brand new characteristic will additional help the corporate’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 change 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 characteristic permits customers to leverage their USDC holdings and pay month-to-month payments, equivalent to bank cards, utilities, dwelling funds, and extra, with a trusted greenback digital forex, moderately than changing to fiat and off ramping to a financial institution.
Crypto holders and DeFi customers on Polygon with US invoice pay accounts are inspired to be a part of the Spritz waitlist by visiting spritz.finance, the place they’ll request non-public beta entry and be a part of the Spritz beta neighborhood.
About Spritz Finance
Spritz Finance permits bill-pay immediately from crypto wallets and DeFi protocols — with no financial institution required — on a path to ultimately connecting each good contract and each conventional use-of-funds in your entire world: from mortgage funds and bank cards to month-to-month utility payments and scholar loans. Through the corporate’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 will be joined from the Spritz web site. https://spritz.finance.
Head of Marketing
- David Gardner
- Spritz Finance
- (403) 200-7702