Metallicus, the developer of The Digital Banking Network, a blockchain-based payments network built to meet regulatory standards globally, is pleased to announce the launch of its flagship consumer app, Metal Pay, in Australia.
This expansion marks a significant milestone in Metallicus’ mission “to support the existing financial industry by offering plug-and-play solutions that make the transition to blockchain and digital currency seamless for any business or consumer, providing best-in-class products that adhere to regulations like the Bank Secrecy Act (BSA Compliance).”
Metal Pay allows its customers to “purchase cryptocurrencies like Bitcoin and Ethereum automatically over time using a debit or credit card, with purchases starting from as little as $15.”
Unlike other fiat onramps that often charge a large spread on the price of a digital asset, Metal Pay claims that it “offers real-time pricing and the most competitive fees in the industry.”
Additionally, their 24/7 Human Client Services team is “always available for guidance, ensuring that purchasing crypto feels as secure and familiar as their regular banking experience.”
Marshall Hayner, CEO of Metallicus, said:
“We are thrilled to bring Metal Pay to Australia, expanding our reach and serving more global territories. This launch connects more of the world to The Digital Banking Network, making it easier for everyone to access and benefit from blockchain technology and digital assets. We look forward to supporting our new users in Australia and providing them with a compliant way to access the future of finance.”
The Metallicus Digital Banking Network “connects Web2 infrastructure to Web3 through interoperability between the layer 0 Metal Blockchain and the Ethereum-scaling Metal L2, recently launched by Metallicus on the Optimism Superchain.”
Metal Blockchain enables traditional financial institutions “to develop their own private subnets, seamlessly connecting to the world of DeFi and blockchain-based commerce through Metal L2.”
Complete with an on-chain identity solution, Metallicus ensures “compliance is met across the network.”
Founded in 2016 by Marshall Hayner, Metallicus claims it is “at the forefront of developing innovative digital banking and cryptocurrency solutions.”
The company is committed to “merging traditional finance with blockchain technology to create a seamless, compliant, and secure financial ecosystem.”
With a focus on regulatory compliance, Metallicus offers “a suite of products, including Metal Pay, Metal Blockchain, and Metal L2, designed to facilitate the adoption of digital assets and decentralized finance (DeFi).”
The company’s advisory board “includes former Federal Reserve members, and its executive team boasts over 100 years of combined banking experience.”
Metallicus continues to lead the way in transforming “the financial landscape, making it accessible and beneficial for everyone.”