Simplex, the fiat/crypto pioneer, is partnering with Kava, the DeFi lending platform. The two will work to bring to life an instant Fiat-to-DeFi gateway for cross-chain assets. Specifically, the Fiat-to-DeFi ramp will cater to Kava and other DeFi lending platforms on Kava’s blockchain.
In detail, Simplex, being the largest fiat infrastructure for digital currencies, will bring a great opportunity for the project. For instance, it provides secure fiat-to-crypto infrastructure, this will allow users to transfer funds from debit/credit cards to crypto in a flash.
Moreover, Simplex is currently the provider of many fiat onramps for popular exchanges including Binance, BitPay, and Huobi. On the other hand, Kava h…
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Source: Cryptocurrency - investing.com
