increase: Trust Wallet Token (TWT) - June 2024 Price Update - 8% Breakout Crypto News and Analysis

increase: Trust Wallet Token (TWT) - June 2024 Price Update - 8% Breakout Crypto News and Analysis

< Show Article: Trust Wallet Token (TWT) - June 2024 Price Update - 8% Breakout Crypto News and Analysisarticle avatarAjayi John

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Spot the Main Event:

Trust Wallet and Mercuryo have partnered to power crypto off-ramps for more than 30 digital assets. While cryptocurrencies allow participants to store value in virtual assets built atop decentralized networks, many real-world payments still require fiat vehicles for settlement in many countries and jurisdictions. Giant self-custody provider Trust Wallet and payments infrastructure firm Mercuryo have teamed up to enable users to turn their digital coins into real-world money, a process dubbed “off-ramping.” Commenting on the collaboration, Mercuryo co-founder and CEO Petr Kozyakov said, “having access to a seamless off-ramp service” is just as important as securely storing digital assets. You might also like: Europe dominates crypto banking with 63 providers According to a press release, Trust Wallet users can convert over 30 virtual currencies into euros and U.S. dollars through the service, which is available in over 135 countries worldwide. The joint initiative marks another effort by web3 companies to support mass adoption and increase digital asset use cases, particularly across Europe, as the bloc’s landmark Markets in Crypto Assets Regulation (MiCA) kicks in soon. Other service providers like Strike, Tether, Robinhood, and Kraken, to name a few, have expanded services into Europe in recent months. The region is also a hotspot for virtual currency banking services, with over 63 institutions offering digital asset rails, as reported.

article avatarAbdullahi Saleh Saidu

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Spot the Main Event:

The Trustwallet team made an announcement on three major projects listing, which are ONCHAIN, Dinfinity, and $MPC. All the above listing come up exclusive pre-listing airdrops, which makes the Trustwallet recently seen an increase of users in their platform. The community users can join the 2,000,000 $MPC Exclusive Pre-Listing Airdrop with My Lovely Planet, the quest with Dfinity and claim FREE ICP Internet Identity for a chance to win a share of $100,000 in ICP, and the $50,000 in $ONCHAIN Airdrop with Onchain, plus 10,000 In-Game Points for every Trust Wallet user. The above announcement has played a major role in attracting new users to the trust wallet community, with most of the users coming from those projects to join the Trustwallet community.

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