Home web3.0 Animoca Brands: The Hong Kong Stablecoin Project Aligns Perfectly with the Mission of Onboarding Users to Web3

Animoca Brands: The Hong Kong Stablecoin Project Aligns Perfectly with the Mission of Onboarding Users to Web3

Aug 16, 2024 pm 06:38 PM
Crypto Web3 Stablecoins Animoca

We were drawn to the stablecoin project because it aligns perfectly with the mission of onboarding users to Web3. Stablecoins bring essential liquidity to networks and provide critical access to decentralized exchanges (DEXs) and peer-to-peer services.

Animoca Brands: The Hong Kong Stablecoin Project Aligns Perfectly with the Mission of Onboarding Users to Web3

Animoca was drawn to the stablecoin project because it aligns perfectly with the mission of onboarding users to Web3. Stablecoins bring essential liquidity to networks and provide critical access to decentralized exchanges (DEXs) and peer-to-peer services. They also offer an alternative to traditional payment systems, which often block third-party access and charge high fees. While lower fees are a key advantage, the real opportunity lies in offering value-added services. Stablecoins play a crucial role in making Web3 more accessible and competitive, particularly within Animoca’s Mocaverse ecosystem.

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