Derived from ChainCatcher, Swapper Finance, in collaboration with Mastercard and Chainlink, has launched a direct deposit feature that allows users to deposit funds from traditional bank cards into decentralized finance (DeFi) applications. This marks the first time on-chain assets can be purchased directly using traditional bank cards. The platform, powered by XSwap, integrates zerohash and Shift4 Payments, leveraging Mastercard's global payment network and fraud protection to connect 3.5 billion Mastercard holders with the DeFi ecosystem. Users can now buy on-chain assets on decentralized exchanges like Uniswap through instant and secure fiat-to-crypto services. Initial partners include Pi Squared, Stakelink, KyberSwap, AITECH, and Radiant Capital. Swapper Finance CTO Arthur stated the feature will accelerate Web3's shift from speculation to real-world applications, bringing billions of cardholders into the on-chain economy.
Swapper Finance Launches DeFi Deposit Feature via Mastercard
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