Fipto announces the integration of the EUR CoinVertible into their platform, a euro-based stablecoin issued by Société Générale. This E-money Token (EMT) is one of the first stablecoins to comply with the requirements of the European MiCa directive set to take effect at the end of 2024.

Cryptocurrency adoption is on the rise with over 30,000 merchants worldwide accepting cryptocurrencies, revealed by Cryptocurrency Payments Report by Cointelegraph Research including big brands such as Microsoft,PayPal & Expedia. 

Fipto, the alternative payment rail infrastructure leveraging blockchain technology, has officially been registered as a Virtual Asset Service Provider (VASP) in Luxembourg. This significant milestone marks a major step forward in Fipto’s ambition to become the standard payment gateway powering transactions for companies with the speed of blockchain technology.

With Fipto’s stablecoin Payment Links, businesses can securely collect stablecoin payments in just a few clicks and receive euros directly on their account—without writing a single line of code.

Discover how smart contracts are the key to simplifying transaction settlements.

Stablecoins have grown from effectively 0 to a $137 billion market in the past four years. Corporations and financial institutions need to explore this growing market as a viable avenue for transactions.