Eco acquires stablecoin shopping app Join
With $95 million in funding, Eco plans to deliver on crypto’s promises of mass adoption and reliable decentralized payments inclusive of existing mainstream platforms. Eco, the builders behind Ethereum layer-2 wallet Beam, announced its acquisition of the stablecoin -based shopping app Join to bridge the gap between major merchants like Amazon, Shopify, and crypto users. Beam Wallet from Eco is a self-custody wallet allowing users to make payments on Ethereum L2 networks like Coinbase’s Base and Optimism, with Features like account abstraction that unlock advanced security and recovery pathways. The Eco protocol boasts some of the biggest crypto backers, such as Andreessen Horowitz, Lightspeed, Pantera Capital, and Venture Partners. Integrating Join will enable customers to spend stablecoin s like Tether’s USDT in supported online stores and allow the option to transfer money to recipients around the world instantly. You might also like: Arthur Hayes foresees banking gi