FOR IMMEDIATE RELEASE - Strategic Partnership Announcement with Kado (Kado.money)
- ATMTOKEN
- Jun 25, 2024
- 2 min read
Updated: Sep 20, 2024
Vancouver, BC, June 24, 2024 – ATM Token Financial Inc. (ATM Token) a leader in B2B digital finance solutions announces Strategic Partnership with Kado (Kado.money) a distinguished provider of web3 payment infrastructure to enable Crypto to Fiat Conversion Using ATM Token's Stellar-Based Non-Custodial Wallet for International Money Remittance in the USA, Mexico, and Latin America.
This partnership will enable ATM Token and Kado to combine their strengths to offer users unparalleled access, security, and convenience in managing their digital assets. By integrating Kado's innovative payment solutions with ATM Token's non-custodial wallet, users will experience seamless on-ramp transactions through ATM Token's BATM partner networks and off-ramp transactions through Kado, facilitated through the Stellar ecosystem using USDC/XLM and SEP-31 standards to allow for "Anchor-to-Anchor" transactions. By leveraging SEP-31, the partnership ensures interoperability, compliance with regulatory requirements, transparency in transaction details, and overall efficiency in cross-border remittances.
"Our collaboration with Kado represents a significant step forward in integrating traditional financial systems with the dynamic digital currency landscape," said Brian Patel, VP of Business Operations at ATM Token. "With our combined capabilities, users can effortlessly convert Canadian dollars (CDN) to USDC/XLM stablecoin and then to US dollars (USD), Mexican Pesos (MXN) or other local currencies, making cross-border transactions faster, more reliable, and secure."
Kado is a web3 payments infrastructure provider that facilitates the seamless conversion between fiat and cryptocurrency. The platform offers several core services, including Fiat-to-Crypto and Crypto-to-Fiat Conversions. Kado's mission is to bridge the gap between web2 and web3, making it easier for both individuals and businesses to participate in the crypto economy without the need for centralized exchanges. Their platform emphasizes low fees, speed, and reliability, catering to a diverse range of needs within the digital assets space.
"Partnering with ATM Token allows us to extend our reach and impact in the digital finance space while helping to enhance the Stellar network," said Vince, President at Kado. "By integrating our services with ATM Token’s wallet, we can provide a robust, user-friendly platform that simplifies cross-border transactions and brings the benefits of blockchain technology to a wider audience. This collaboration is a testament to our shared vision of making digital finance more accessible and secure for everyone.
For more information about the partnership and the Stellar-based non-custodial wallet, please visit www.atmtoken.app.
About ATM Token Financial Inc.
ATM Token Financial Inc. is a pioneering force in digital finance, committed to creating secure, user-friendly solutions that advance global financial inclusivity. As leaders in the digital finance space, we continuously push the boundaries of what is possible. Our latest initiative leverages the Stellar network to revolutionize cross-border transactions, empowering our wallet users with seamless, efficient, and secure international transfers.
About Kado
Kado is a leading web3 payments infrastructure provider, delivering cutting-edge digital financial solutions. Kado offers comprehensive on/off ramp services that facilitate seamless conversion between fiat and digital currencies, bridging traditional and digital finance effortlessly. Available in over 160 countries, Kado is dedicated to making digital finance accessible globally with low fees and fast transactions.
Contact:
Brian Patel
VP Business Operations
ATM Token Financial Inc.
Vince Dowdle
Co-Founder
Kado
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