Payments infrastructure provider Mercuryo has integrated with zkSync, Ethereum’s layer 2 scaling solution, to facilitate users’ fiat-to-crypto conversion.
By integrating with zkSync, Mercuryo eliminates the requirement to bridge assets from the Ethereum mainnet. Expected benefits include lower gas fees, faster transaction speeds, and enhanced security protocols. This integration enables an intuitive on-ramp service and eases fiat-to-digital token conversion for users of the protocol.
Simplify transactions and increase efficiency
This integration is intended to improve the user experience within applications that work with the zkSync protocol. Specifically, these applications will be able to offer fiat-to-cryptocurrency purchases directly within their interfaces.
Mercuryo’s involvement as a payment provider is expected to streamline transactions and make them more cost-effective as applications no longer need to bridge assets from the underlying Ethereum network. This is expected to bring benefits such as reduced gas fees, faster transaction speeds, and enhanced security protocols inherent in the zkSync protocol.
On-ramp solutions provide easy access to layer 2 scaling
Additionally, Mercuryo's on-ramp solution is ready to simplify access to zkSync, the leading Layer 2 scaling solution. This simplification could reduce the dependence of most user transactions on direct interaction with the Ethereum mainnet, thereby increasing efficiency within the ecosystem.
Mercuryo officials said they are excited to be part of the innovative technology that zkSync embodies and to make the on-ramp service available to more users due to its simplicity and intuitive nature. . As a leading infrastructure provider, they offer users easy access to a thriving ecosystem that has a lot to offer.