Crypto.com joined over 40 finance and technology firms by becoming a member of the Open Payments Coalition.
Cryptocurrency debit card firm Crypto.com is now a member of the Open Payments Coalition, alongside more than 40 other finance and technology firms.
According to a June 18 announcement, admittance to the Open Payments Coalition will add Crypto.com’s 2 million users to a payment network of over 100 million members.
Open Payments Coalition members have access to the PayID system, which allows users to send payments in any currency between any platform involved in the coalition. Users can send these transactions with nothing more than a human-readable ID, which is valid across all member services.
This story is currently in progress. More updates to follow.
