Reveel Reaches Milestone of 100,000 Customers in Over 160 International locations

New York, New York, July twenty third, 2024, Chainwire

International Cell Cost App Revolutionizes On-Chain Cross-Border Funds with Multi-Chain Capabilities

Reveel, an on-chain peer-to-peer funds dApp, as we speak introduced that it has reached the numerous milestone of 100,000 customers spanning over 160 international locations. The achievement makes the Binance Labs-backed startup the biggest on-chain peer-to-peer (P2P) funds app accessible, offering customers entry to decentralized, clear and safe on-chain funds globally and throughout a number of tokens and chains, together with BNB Chain with whom Reveel not too long ago introduced a collaboration.

In line with Emarketer, practically 3 in 4 US smartphone customers are anticipated to ship cash over P2P cost apps by 2028. Regardless of this rising adoption, cross-border funds by means of conventional techniques nonetheless quantity to $190 Trillion USD. Stablecoins present a cheaper and complicated different to conventional cross-border funds, however the fragmented nature of crypto throughout 100s of networks has confirmed a barrier to broader adoption.

Not like different on-chain peer-to-peer cost strategies, Reveel’s Multi-Token and Multi-Chain capabilities enable customers to simply make cross-border or peer-to-peer funds whatever the token or chain of selection, inside a easy one-click interface. Reveel at the moment helps one-click funds throughout , Base, BNB Chain, Optimism, and Polygon, utilizing all stablecoins on these chains.

As a pioneering omnichain funds infrastructure, Reveel supplies various helpful capabilities together with:

• Multi-Token and Multi-Chain Funds: Reveel helps funds throughout numerous tokens and blockchain networks, offering unparalleled flexibility and comfort.
• Programmable Multi-Pockets Identifier: Customers can create programmable routes for his or her funds, not like conventional single pockets techniques.
• Seamless Cross-Chain Transactions: With one-click cross-chain transactions, Reveel connects customers throughout totally different environments, fostering a really interconnected monetary ecosystem.

“At present, blockchains are like nations. Every has its personal economic system and sending funds from one to a different is much more sophisticated than cross-border transactions. However the future is multi-chain. That’s why Reveel is constructing omnichain know-how to permit folks to pay anybody, wherever, on any chain. ,” stated Adrien Stern, Founder & CEO of Reveel. “Our platform is breaking down the limitations that beforehand prevented seamless monetary transactions throughout any kinds of borders.”

Matt Legislation, Chief Industrial Officer, Outlier Ventures additionally stated concerning the announcement: “At Outlier Ventures, we strongly consider in the advantages of decentralized, clear, and safe on-chain funds. As certainly one of our portfolio firms, we’re impressed with Reveel’s omnichain P2P funds answer and the potential it has to drive broader adoption of crypto-enabled funds”

About Reveel

Reveel is an omnichain funds infrastructure that permits one-click cross-chain funds, connecting folks throughout borders and networks. As a worldwide P2P funds protocol, Reveel permits cash to circulation to anybody, wherever, on any chain. Customers can create their distinctive programmable funds ID, facilitating seamless transactions and fostering a borderless group. Reveel’s core values embrace decentralization, community-driven actions, and self-sovereignty, making it a recent, forward-thinking answer within the crypto area.

For extra data, customers can go to r3vl.xyz or observe us on X.

ContactSenior Marketing consultantBridget van VoorstCW8 Communicationsreveel@cw8-communications.com

This text was initially printed on Chainwire