SKALE’s Next Win: Abyiss Brings Real-Time Fiat Access

Abyiss, a fiat on/off-ramp product, is now up and running on SKALE (SKL).

Users can transfer money to and from traditional banks and blockchain wallets without the usual friction — no frozen accounts, no high fees, no interminable delays. Built for virtually all traders and DeFi devs, Abyiss solves crypto’s biggest issue: fiat onboarding.

SKALE # SKALE is a gas-free, lightning fast, composable infrastructure designed to scale Ethereum Abyiss is a home for SKL. Instead of incurring big fees or network slowdowns, digital users can pay up or settle up cheaply and with little delay.

Abyiss can easily handle instant money transfers while eliminating unnecessary middlemen, because it is compatible with EVM (Ethereum Virtual Machine) system of SKALE. The result? Seamless bridging for millions and millions of tokens across a range of chains.

No matter if you’re deploying an NFT marketplace, gaming platform or DeFi protocol – with Abyiss, new users can easily enter and exit the world of crypto. Early accounts are experiencing 100% MoM transaction growth and hundreds of thousands in monthly volume processed.

Why choose SKALE?

Its modular architecture, active developer community, and gas-free transactions are an ideal setting for next-gen fintech applications that are scalable. Abyiss leverages these advantages to provide the real-time debit-like experience with comprehansive compliance behind the scene.

The partnership holds the promise of being a frictionless pathway from Web2 to Web3, connecting mainstream finance to decentralized tech.

Abyiss wants to make it simple for anyone to move value across systems the way it’s already easy to swipe a card. And with SKALE’s instant finality and no gas, that vision is now closer than ever.

Also See: Vote-Lock RSR: New Power in Reserve’s Index DTFs

For updates and corrections, email newsroom[at]stocktwits[dot]com.