Jog
February 27, 2025 03:43
CRONOS (CRO) introduces pioneering services that allow encryption transmission through prepaid cards in cooperation with crypto.com, indicating important milestones in bridging Defi and traditional finance.
According to CronOS, CRO (CRONOS), a major blockchain ecosystem, has released a new service that enables smooth funds with a private prepaid card. This innovative feature, which has partnerships with Crypto.com, is the first type of the first type to strengthen the connection between distributed finance (defi) and traditional financial systems.
Seamless fund transfer
The user can easily recharge one -click by connecting the cronos EVM or Cronos Zkevm’s non -custody Web3 wallet to cronPSO.com prepaid cards. If certain tokens are not supported, the platform can automatically convert to USDC or ETH to almost distrust the krypto assets in real life. This development simplifies the process of using digital assets to reduce the waiting time and intermediary stage.
Industrial reaction
KEN TIMSIT, head of Cronos Labs, emphasized the ease of easily bringing this feature, allowing users to withdraw and use encryption assets almost immediately where the prepaid card is allowed. Eric Anziani, CRYPTO.COM’s COO, emphasized the role of collaboration in simplifying user experience and accelerating the adoption of the mainstream of Cryptocurrencies.
Technology development
This service provides a high -performance layer 2 network that connects directly to Ethereum by utilizing the ZKSync technology that can be used in Cronos EVM and Cronos Zkevm. This allows Etherrium users to withdraw money calls to crypto.com prepaid cards.
Future prospect
Cronos plans to further integrate the distributed finance into everyday financial activities by introducing a system for automatically transmitting Defi returns to Crypto.com prepaid cards. This initiative is part of CronOS’s extensive goals to support more than 1 billion password users to manage assets safely within the Web3 environment.
Cronos, with more than 500 application developers and partner networks, supports more than 80 million users worldwide. We operate three blockchain networks: CronOS EVM, Cronos PO and CONOS ZKEVM to determine the priority of the Defi and Gaming sectors. Since its launch in 2021, Cronos has safely handled more than 100 million people.
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