Ankr integrates TransFi’s fiat onramp/offramp solutions into its AppChains product, empowering enterprises and Web3 apps to attract millions of users.
Kev Silk, Product Manager Ankr AppChains, said: “By integrating with TransFi, we’re unlocking a wealth of new value for the AppChains product, equipping our clients with a powerful feature within their dApp / business that will attract the non-crypto experienced user base. With seamless fiat onramp /offramps, Ankr AppChains will empower our clients to build in a way that removes the barriers to entry which have hindered widespread adoption of Web3, enabling a smooth transition for new blockchain users, resulting in steady, consistent adoption of crypto over time.”
Streamlining the Web3 Applications Experience
In addition to the scalability and UX enhancements provided by AppChains, the fiat onramp/offramp feature further simplifies the experience of using Web3 apps, making it as easy as using any conventional website or mobile app. This is especially important for enterprises looking to attract customers with non-Web3 backgrounds, as simpler Web3 experiences have been identified as a key factor in winning over these demographics.
Ankr AppChain clients stand to benefit greatly from the new solution, which includes boosted ROI, enhanced token liquidity, improved customer conversion rates, and the ability to attract millions of potential users who are unfamiliar with Web3 experiences. The TransFi feature also offers numerous benefits to end users, such as time and cost savings on transactions and exchange fees.
Ankr serves as a comprehensive Web3 developer hub, offering a complete suite of tools for building Web3 apps and leveraging high-performance connections to over 30 blockchains. As an approved infrastructure partner for developing application-specific blockchains on ecosystems such as BNB Smart Chain, Polygon, and Avalanche, Ankr simplifies blockchain development for a wide range of use cases. Ankr enables project teams to create fully customized blockchain solutions through its AppChains offering, which includes everything from validators, RPC nodes, block explorers, testnets, staking platforms, and more to satisfy all infrastructure and engineering requirements.