Ready to Fight and Kauri Finance Launch Innovative Crypto Payment Solution
November 20th, 2024 7:00 AM
By: Advos Staff Reporter
World boxing champion Oleksandr Usyk's social platform Ready to Fight partners with Kauri Finance WEB3 Bank to introduce Ready to Pay, a revolutionary crypto payment system integrated with Telegram, aiming to simplify financial transactions for athletes and users worldwide.
In a significant move for both the sports and fintech industries, Ready to Fight, a social network for athletes founded by world boxing champion Oleksandr Usyk, has collaborated with Kauri Finance WEB3 Bank to launch Ready to Pay, an innovative crypto payment solution. This partnership marks a notable step towards modernizing financial transactions in the sports world and beyond.
Ready to Pay offers users the ability to open a crypto card directly through Telegram messenger, enabling seamless use of cryptocurrencies for daily transactions. This integration eliminates the need for multiple bank cards and circumvents traditional banking bureaucracy, providing a streamlined, cross-platform payment solution accessible to a wide user base.
Oleksandr Usyk emphasized the importance of this development, stating, 'Ready to Pay is about providing our users with the tools they need to manage their finances securely and efficiently.' This initiative aligns with the growing need for modernization and transparency in boxing and other sports, as well as the adoption of new technologies to enhance collaboration within sports ecosystems.
The new payment system boasts several key features, including easy registration via Telegram, the ability to receive, store, and use cryptocurrencies globally, and instant conversion of crypto assets to fiat currency for purchases. It also supports Mastercard debit card processing and is compatible with Apple Pay and Google Pay, further enhancing its usability.
This collaboration between Ready to Fight and Kauri Finance represents a significant step towards bridging the gap between traditional finance and the crypto economy. It has the potential to revolutionize how athletes and sports enthusiasts manage their finances, while also providing a gateway for broader crypto adoption among the general public.
The implications of this partnership extend beyond the sports industry. By simplifying cryptocurrency transactions and integrating them with widely-used platforms like Telegram, Ready to Pay could accelerate the mainstream adoption of digital currencies. This move may also inspire other industries to explore similar integrations, potentially reshaping the landscape of digital payments and financial services.
As the world of finance continues to evolve, innovations like Ready to Pay demonstrate the growing intersection of sports, technology, and finance. This convergence could lead to new opportunities for athletes, fans, and businesses alike, while also challenging traditional financial institutions to adapt to the changing needs of a digitally-savvy consumer base.
Source Statement
This news article relied primarily on a press release disributed by BlockchainWire. You can read the source press release here,