CrossFi, a Layer 1 payments network has announced the launch of its mainnet that is compatible with EVM. CrossFi’s decentralized web3 payment ecosystem is powered by the CrossFi blockchain.
Businesses may now utilize CrossFi’s core products and execute payments for routine transactions thanks to the mainnet’s launch. CrossFi’s Layer 1 network offers a scalable framework for cryptocurrency payments. By using a decentralized, non-custodial, and highly scalable infrastructure, it helps companies—including e-commerce sites—to draw in web3 users and boost sales.
Over a million active wallets were generated as part of a successful testnet program run in partnership with CoinList, which is followed by the CrossFi mainnet. The CrossFi mainnet is being supported by many launch partners, such as Alchemy and other top validators, in order to optimize network speed and maximize decentralization.
CrossFi’s PCI DSS accreditation attests to its capability for handlin
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