Crypto Payments: Wyre Now Available in the SKALE Ecosystem

Wyre is offering builders on the SKALE Network an array of plug-and-play tools “to utilize a variety of crypto and payments solutions.”

The Wyre team is pleased “to announce [their] integration with the modular, multi-chain, Ethereum native network that also offers zero gas fees…… SKALE Labs.”

Through their integration, the SKALE ecosystem and its builders can “leverage a full stack integration allowing them to begin to access payment channels through Wyre.”

With more than 60,000 active users across the world and millions of transactions each month, SKALE and Wyre are “combining forces to bring Wyre’s … custodial wallet solution and fiat ramps that will enable Web2 users to easily interact with SKALE’s high speed, zero-fee Web3 infrastructure.”

Their current integration supports their Swaps API, Transfers API, Checkout Widget, Users API, and Wallet API.

Within these APIs they have also “listed SKALE USDC to provide a native currency to facilitate usage through Wyre’s products in the SKALE ecosystem.”

Jamal Raees, Director of Crypto Strategy at Wyre, said:

“We are excited to launch our integration with SKALE Labs and provide our Crypto Infrastructure to one of the most exciting chains in the ecosystem that bolsters zero gas fees, linear scalability, and that is fully open sourced.”

As the SKALE Labs Ecosystem is expanding quickly around the world, efficient and effective purchasing services are “increasingly needed for SKALE Labs builders.”

Through their partnership they will “provide just this, allowing end-users for SKALE Labs based products and businesses to have the best user experience throughout all crypto-fiat payment solutions.”

Jack O’Holleran, CEO and Cofounder of SKALE, remarked:

“SKALE’s integration with Wyre is a critical step towards blockchain mass adoption as Web2 users without technical expertise can now easily and safely convert fiat to crypto in the SKALE Network, custody those assets, and interact seamlessly with Web3 applications.” 

Their payment infrastructure has “continued to support Networks very similar to SKALE Labs, solutions that remove common roadblocks and frictional points in Web 3 building.”

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