Aptos Labs has partnered with MoonPay to integrate the latter’s technology into Petra, a wallet designed to cater for the Aptos ecosystem.
This means that it is now easier to purchase APT and other Aptos-based assets directly with credit and mobile payments in the Petra Wallet. The MoonPay integration will allow for effortless onboarding into the Aptos Network for new and existing Web3 users.
The Aptos team explained:
Petra, the wallet from Aptos Labs, now features an easy-to-use fiat on-ramp that makes exchanging value within the Aptos ecosystem super simple. The partnership kicked off earlier this month when APT became available on MoonPay.
Aptos Integration is in Line with MoonPay’s Mission of Crypto Adoption
Bree Blazak, Vice President, Global Sales at MoonPay, explained that the Aptos partnership aligns with the company’s mission of enhancing crypto adoption. They said:
MoonPay’s mission is to onboard the world to web3. Part of how we look to encourage widespread adoption is by simplifying the user experience. Integrating with the growing Aptos ecosystem, first through the Petra wallet, is another step to deliver on our mission, especially as the blockchain expands and its usage grows.
Mo Shaikh, co-founder and CEO of Aptos Labs, added that the fiat onramp would break down the barriers to mainstream adoption. He explained:
© Solana Daily Brief, Inc. All Rights Reserved. This article is for informational purposes only. It is not to be used as legal, tax, investment, financial, or other advice.Using blockchain-based technology can be complex, frustrating and slow. Lack of usability is one of the biggest barriers of widestream adoption. Through our integration with MoonPay, we are creating a seamless and enjoyable experience for Petra users as they navigate the Aptos blockchain.