Vaulta and VirgoCX Team Up to Revolutionize Cross-Border Payments with Stablecoins!

Introducing VirgoPay: The Future of Remittances

Hold onto your hats, crypto fans! Vaulta, the powerhouse that used to be known as EOS Network, is shaking things up with Canadian crypto exchange VirgoCX. They're launching VirgoPay, a mind-blowing stablecoin-powered remittance network that's set to change the game!

Get this: Vaulta's blockchain is the backbone of this new venture, handling all the transactions and settlements. And guess what? It's going live in May! Say goodbye to those pesky high costs and snail-paced international payments. Stablecoins are here to save the day, ditching those old-school banking rails for good!

"Cross-border payments have always been a pain - expensive, slow, and totally dependent on traditional banks. But what about the places where those banks just don't exist? That's where we come in!"

Yves La Rose, the visionary founder and CEO of Vaulta

Here's the scoop: with VirgoPay, you can send funds using your favorite local payment methods or straight from your crypto wallet. And the best part? You get to pick from a bunch of different fiat currencies. Once the transfer's done, the lucky recipient gets their cash in the currency they want. It's that simple!

At first, you'll be able to use this game-changer in the U.S., Canada, Hong Kong, Brazil, and Australia, with more countries joining the party soon. Adam Cai, the co-founder and CEO of Virgo Group, is all in on this. He says Vaulta's web3 Banking vision is a perfect match for Virgo's mission to "make crypto great for all." And get this - he thinks using stablecoins for payments is going to be the first killer app for DLT. Buckle up, folks, because the future of payments is here!