Demex Daily #299: New Partnership Aims to Improve Connectivity and Finance in Underserved Regions

What’s Interesting Today:

Creditcoin, Spacecoin, Sui, and Walrus have formed a strategic partnership to create a decentralized finance project aimed at improving connectivity and financial access in underserved regions. The collaboration combines Creditcoin's blockchain for secure lending, Spacecoin's satellite-based internet access, Sui's scalable computing, and Walrus's decentralized storage. This initiative seeks to overcome challenges like poor internet infrastructure and limited financial services, enabling peer-to-peer transactions and communication for the 37% of the global population without internet access.

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Phantom Wallet has partnered with Transak to enhance Web3 accessibility, driving significant growth, particularly for Solana users. The integration allows users to purchase up to $75,000 in crypto per transaction and supports over 20 payment methods globally. Since the partnership, Solana transactions on Phantom have surged 400%, with SOL accounting for 75% of Transak’s Solana volume. Phantom, which now supports Ethereum, Polygon, and Bitcoin, continues to lead the multi-chain Web3 space, offering simplified onboarding and expanding crypto access, particularly in emerging markets.

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