According to Foresight News, reported by CoinDesk, the cryptocurrency-to-fiat application P2P.me has completed a $2 million seed round financing, with participation from Multicoin and Coinbase Ventures. P2P.me enables users to pay merchants that only accept fiat currency using stablecoins through a network of intermediaries, with a transaction process that takes about 90 seconds. The platform uses zero-knowledge proof technology to verify user identities, ensuring privacy and security.
According to Foresight News, reported by CoinDesk, the cryptocurrency-to-fiat application P2P.me has completed a $2 million seed round financing, with participation from Multicoin and Coinbase Ventures. P2P.me enables users to pay merchants that only accept fiat currency using stablecoins through a network of intermediaries, with a transaction process that takes about 90 seconds. The platform uses zero-knowledge proof technology to verify user identities, ensuring privacy and security.