MoonPay, which connects centralized and decentralized financial systems, has declared that it has partnered with Helio. Helio is a prominent cryptocurrency payment processor focused on the Solana ecosystem. The integration represents growth in the development of crypto payment infrastructure as Helio has added its experience in decentralized merchant payment and blockchain. Helio revealed this strategic collaboration through its official social media, X account.
Launched three years ago, Helio has processed over $1.5 billion in transactions while working with over 6,000 partners. Its platform allows for easy transactions in $USDC, $SOL, $BTC, and $ETH, enabling the purchase of goods and services, membership-based subscription services, and digital goods. The company has also incorporated its on-chain checkout procedure into a developer API to bring effectiveness in dealing with marketplaces, applications, and terminals.
MoonPay and Helio Expand Access to Crypto Payments
The current solutions proposed by Helio are critical in enabling merchants and creators to embrace blockchain payments. The platform has helped provide immediate settlement of transactions, lower transaction fees, and reduce the use of third-party intermediaries. The following collaborations with Discord and Shopify also illustrate its versatility.
Although current adoption rates show that only 5-10% of crypto holders make purchases with their assets, incorporating MoonPay may increase spending capability among the crypto users. This will allow all the Helio-powered merchants and platforms to enhance their customer base and overall transaction demands.
A Strategic Vision for Decentralized Payment Solutions
MoonPay has established operations in many countries, making it suitable for expanding Helio’s services. Helio employees and shareholders will incorporate MoonPay in this integration process to demonstrate the team’s dedication to advancing the crypto payment sector.
The partnership intends to take advantage of current market conditions to further support the adoption of decentralized payments. As stablecoins gain more adoption, and the market is still very active in regulation, MoonPay and Helio will work towards eliminating the current traditional payment structures and replacing them with efficient, cheap, and reliable blockchain payment.
