In a bold move to give merchants and crypto users access to the wider DeFi landscape, DashPay, a cryptocurrency payment application platform, today entered into a strategic integration with Aurora, a layer-2 network that powers cross-chain swaps and unified liquidity for on-chain markets. With the technical incorporation, DashPay now supports Aurora, giving users on its crypto payment platform another entry point of DeFi multi-chain activity, including swaps, deposits, and app flows.
DashPay is a payment application platform built on the Dash blockchain, designed to simplify cryptocurrency transactions for everyday commerce. Driven by its native digital currency (DASH), the Dash network enables everyone worldwide to make rapid, easy, and cheap digital payments without going through centralized platforms.
DashPay Expands To Aurora
Due to increased interest in DeFi and the rising maturity of decentralized applications, DashPay integrated its crypto payment network with Aurora’s EVM-compatible chains to introduce a bridge that enables DeFi access for both users and merchants of DashPay. Aurora is a layer-2 network built on the NEAR protocol, providing low-cost, scalable virtual chains for DApps (decentralized applications). Its Ethereum-compatible network and scaling solution enable DApps and assets to operate on NEAR through full EVM compatibility with substantially lower transaction costs and enhanced speed (scalability).
With the integration of Aurora’s cross-chain interoperable ecosystem, DashPay aims to allow its users to capitalize on decentralized financial freedoms and advantages in the DeFi world. With Aurora, DashPay is building a network for next-gen payments and financial freedom, a tech addition that benefits the entire DashPay community.
Building Multi-Chain User Experience
Using the above partnership, the Dash network integrated its native token (DASH) on the NEAR and Aurora ecosystems. The alliance is set to enable the growth of DASH to new ecosystems on both Aurora and NEAR. This means that DashPay users can now bridge payments and assets directly to Aurora and other supported chains.
DashPay’s expansion into the Aurora ecosystem demonstrates the significance of a move towards a cross-chain exposure future, allowing users to access the benefits of networks built on NEAR and Ethereum.