Fluid Finance Proposes to Integrate the DAI Decentralized Stablecoin Directly Into the Traditional Financial System – Press release Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Fluid Finance Proposes to Integrate the DAI Decentralized Stablecoin Directly Into the Traditional Financial System

submitted a proposal to integrate the DAI decentralized stablecoin directly into the traditional financial system. It would be the first time that a stablecoin could be purchased directly from a bank account.“One of the problems with crypto is the lack of connection to the real world. Fluid solves that by integrating Dai directly into our accounts. Users can buy Dai directly from us using dollars, euros, pounds and dozens of other currencies.

offers traditional bank accounts in Europe and the UK and Fluid Accounts, which are open to anyone globally. Users can connect their Web3 wallets to these accounts, for a seamless TradFi – DeFi experience.“Our main motivation was to offer an alternative to money transmitters, who charge exorbitant fees,”“We use Dai as part of our payment rails, together with integrations into the traditional system, and the end result is that the world’s poorest get a better deal.

Fluid’s own digital money provides the integration solution missing for so long in the crypto world. When combined with Dai, Fluid’s offer is intended to connect the two world and removes barriers to adoption.Fluid enables Dai holders to off-ramp from crypto to a bank account in less than a minute. Holders can also spend their Dai on their Fluid Cards, which run on the Mastercard network. These cards are available to anyone, globally.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great initiative!🤝

Awesome one

I so much love the on and off ramp feature! Great innovation from Fluid Finance

LFG!!!

extraordinary!!!extraordinary!!!

This will really go a long way in bridging crypto and the traditional financial system...I love this

Fluid is making bold moves. This is a thrilling proposal

with fluid_fi every move is all about integrating the benefits of the traditional & digital worlds.I am in full support of this proposal 💯

Such will be a great milestone to the DeFi/CeFi worlds. Go go Fluid.

Fluid is truly the Revolutionary bank!🚀

The greatest innovation of the banking system... The uniqueness of fluid_fi is obvious in the crypto world.

This will be a game changer in the DeFi industry once $DAI is finally integrated with the Traditional Financial System, way to go fluid_fi

Fluid is the future

Amazing !!! Fluid is so unique!👏🏼👏🏼👏🏼

Hope it finally works out 💯💯💯

Fluid is bringing the future to us! Being the first time this is going to happen in the crypto world. Such an awesome moves.

Big revolution for the traditional users and banking system as a whole 👏

Great move, Fluid is changing the narratives

For a start I deposited £2000 to test the waters, in 7days I got a return of £25,000 her diligence and honesty is undeniable CryptySophia via Telegram

This is great news for the DeFi space! DAI has the potential to bridge the gap between traditional and decentralized finance. Would love to learn more about this project and its implications for MakerDAO. DeFi crypto

This is an awesome move to push Bitcoin towards global adoption. It would be great to see DAI become an integral part of the traditional financial system. Highly hodl-worthy! MooningSoon

This looks like a great move towards wider adoption of crypto assets - bridging the gap between traditional finance & the decentralised financial world. cryptospread BTC blockchain

Ok then, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

Brilliant, but using ChiefraFba for signals and analysis

THE BEST TRADING PLATFORM IS HERE AGAIN. LEARN HOW TO TRADE, BUILD YOUR PORTFOLIO WITH OUR ACCURATE SIGNAL .😍 (ATLEAST 3-4 PROFITABLY SIGNALS DAILY 🤑🤑. TO JOIN; HIT OUR TELEGRAM PLATFORM AND START EARNING 👇👇👇👇👇👇👇

This is an awesome move! 🚀 Integrating DAI into traditional financial systems will make it even easier to access crypto and pave the way to a more decentralized future. Defi Bitcoin Stables

Interesting! This could be a big step towards mainstream adoption of crypto. 👀 DeFi HODLers, time to get ready for the $DAI revolution! 🚀

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs – Finance Bitcoin NewsThe company developing China's blockchain network is to create a system for settlements with stablecoins and state-issued digital currencies. Ok great, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! Amazing stuff, I only use ChiefraFba for signals and analysis.. 92% win rate in 2 months of copying his signals! I need $1 million $ Send from 1k to 1M $ or share Bitcoin address bc1qh6wt6nxgkv5tlnhjgzlrd54mefl0nwfwr23vuu Ethereum address 0x49f00D05275b03C709BCD031F3853d3C8720e1F5 Usdt trc20 TU1amjyJ2GwfnH7tyZpfdV7vCER78mtLXW
Source: BTCTN - 🏆 531. / 51 Read more »

Florida House proposes major expansion of school choice vouchers - Jacksonville Business JournalThe House speaker called the plan a move toward 'universal choice' — but public education proponents decried it.
Source: JaxBizJournal - 🏆 599. / 51 Read more »