“Partnering with Simplex has given us the ability to increase our user base and open up BitMart to a wider audience. This feature is one of the most requested and we are proud to have a secure solution that lets us accept credit and debit cards.”
BitMart exchange
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Simplex, the largest fiat infrastructure for digital currencies globally, and Linen, the self-custody crypto wallet, are joining forces to allow the Linen community to instantly acquire Ether, stablecoins, and other crypto assets using cards as a payment method. Simplex is the provider underpinning many fiat onramps on leading exchanges such as Binance, Huobi, and BitPay.
As cryptocurrency continues to gain traction and reshape financial markets, stablecoins are becoming an increasingly important tool for addressing one of the industry’s biggest obstacles: volatility. But what exactly are stablecoins, and how do they work? Stablecoins are cryptocurrencies designed to maintain a stable value by pegging them to a reserve of assets, typically fiat