• Crypto.com recently launched an update to its decentralized finance (DeFi) wallet service that enables support for fiat-to-crypto purchases in more countries and three new tokens.
• The new tokens are Polygon MATIC, USD Coin USDC, and Dai DAI.
• The company also streamlined the Pay interface to facilitate purchases in fewer taps and launched a virtual assistant built on the GPT API to assist customers.
Crypto.com Updates DeFi Wallet Service
Singaporean cryptocurrency exchange Crypto.com recently launched an update to its decentralized finance (DeFi) wallet service enabling support for fiat-to-crypto purchases in more countries and three new tokens. In a blog post published on May 16, the company announced the addition of Polygon MATIC $0.8699 , USD Coin USDC $1.00 and Dai DAI $1.00 to Crypto.com Pay, a fiat-to-crypto on-ramp service enabling the purchase of cryptocurrency via credit or debit card.
More Tokens Supported
The trio of new tokens joins Bitcoin BTC $27,251 , Ether ETH $1,817 and Crypto.com’s native CRO as the only tokens currently available for Pay purchase. CRO can now be purchased in Crypto.com’s Cronos blockchain or the Ethereum network according to the post, with more tokens “will be added soon.”
Expanded Payment Support
Crypto also announced Pay support in more locales expanding the number of countries able to use the service to purchase crypto directly within the company’s DeFi wallet app to 108 in total. Users in Asia, Europe, and Latin America can now easily purchase crypto with a credit/debit card within seconds with Crypto’s Pay featureaTry It Now https://t.co/LA0ZA2FdBm pic .twitter . com / gKqWwVNTEs— Crypto . com DeFi Wallet (@defi_wallet) May 16 2023 tweet link given by them..
The final update mentioned involved streamlining the Pay interface to facilitate purchases in fewer taps . This helps make it easier than ever for people who may not be familiar with cryptocurrency purchasing processes make their first purchase quickly and smoothly .
AI Assistant Adoption
As Cointelegraph reported , Crypto . com vice president Abhi Bisarya is “bullish” on AI usage in crypto but intends to trial Amy —the company’s AI assistant —on a pilot basis while considering user feedback . Meanwhile , businesses across crypto & blockchain are rushing into AI adoption ; Web3 company BlockGPT , for example , recently launched a “chat -to -earn” scheme by which users of its BEP -20 token platform can earn rewards for interacting with ChatGPT -like AI models