Public Mint to power crypto payments for the Decentr Web3 browser
Decentr, the Web3 browser that gives back control over user data, and Public Mint, a platform for synthetic fiat-centric crypto payments, today announced they have partnered to deploy a far-reaching product integration between the two projects.
Public Mint will act as the payment and fiat on and off-ramp solution within the Decentr suite of products. Decentr users will be able to transact between crypto and synthetic fiat without having to learn about the complexities and costs involved in operating through crypto exchanges.
Decentr is building a suite of products with the Decentr Web Browser as the flagship. The browser aims to change the user’s relationship with their own personal data, which is currently extracted from users without any kind of compensation. Decentr allows users to control and receive value for sharing their data while browsing, which is secured by a blockchain-based Decentralized ID (DecID).
The browser is also set to offer native integrations with Web3, offering a cryptocurrency wallet that allows interacting with Decentralized Finance (DeFi) platforms.
Decentr + Public Mint
Public Mint will power Decentr’s dPay feature, serving its users with a user-friendly and comprehensive payment platform. By integrating Public Mint’s on-chain and off-chain payment solutions, users will be able to benefit from lightning-fast and cheap payments without necessarily having to interface with the wider, more complex cryptocurrency ecosystem. Public Mint offers native fiat payment rails that are backed by its dedicated blockchain for processing payments.
Through Public Mint, users of Decentr are able to make payment in fiat and the receiver then obtains the payment in the denomination of their choice, with no specialized cryptocurrency knowledge required for any part of the transaction.
“Public Mint is an exciting partnership for us, as it will allow the delivery of user-facing payment solutions on our platform that are intuitive and easy to use — especially for users with no special crypto or technical knowledge. Public Mint’s multi-layer approach is perfectly aligned with Decentr’s goals to enable the deployment and transaction of fiat currencies on supported blockchains.”
– Nikita Anikeev, Co-Founder and CTO of Decentr
Public Mint offers a variety of B2C and B2B payment solutions centering on tokenized fiat settled on the Public Mint blockchain. By focusing on fiat from the start, Public Mint is able to offer users from all backgrounds a familiar currency environment, while exposing them to the borderless and frictionless transactions enabled by blockchain technology. The EARN platform is one of Public Mint’s key value propositions for users; allowing them to earn DeFi-level yield while never having to hold crypto directly.
“Public Mint is the natural payment backbone solution for Decentr, and we are excited to be partnering with the project to help users take control of their own data. We believe that a lot of blockchain’s real-world utility has remained hidden beneath the complexity of using cryptocurrency. For us, letting people discover blockchain at their own pace is the key to ensuring sticky adoption.”
– Paulo Rodrigues, CEO of Public Mint