
Shardeum’s move into PayFi is another step towards low-cost, native, and scalable payments.
Layer-1 blockchain Shardeum announced its intentions to venture into PayFi to provide low-cost, native, and scalable payments.
Payfi is the emerging category of blockchain infrastructure built to support peer-to-peer, micro and macro payments, and Shardeum’s strategy centers on macro payments like remittances and global payroll, alongside micro payments such as pay-per-use apps and real-time bill splitting.
Shardeum’s autoscaling architecture aims to keep transaction fees as low as US$0.01 as more users join the network.
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