Transak Enables Instant Fiat Access on MegaETH’s 100K TPS Network

Transak Enables Instant Fiat Access on MegaETH’s 100K TPS Network

Transak has successfully introduced an instant fiat gateway to the MegaETH network, which boasts a remarkable processing capacity of 100,000 transactions per second (TPS). This integration allows MegaETH users to purchase ETH quickly and efficiently through Transak’s payment system, eliminating many previous onboarding challenges.

Enhancing MegaETH Accessibility

The partnership between Transak and MegaETH simplifies the acquisition of ETH. Users can now make direct purchases on the MegaETH network without needing additional steps, thanks to Transak’s integration of global payment systems with the real-time Layer 2 network.

  • Supports cards, wallets, and regional payment methods.
  • Enables over 10 million users to access MegaETH without needing crypto holdings.
  • Eliminates the need for bridging or exchange accounts.

Promoting High-Speed Blockchain Activity

This collaboration aligns with MegaETH’s vision of achieving internet-level speeds and seamless execution. With sub-millisecond latency, Transak allows immediate fiat payment settlements within the network. This advancement greatly enhances the capabilities for trading, gaming, artificial intelligence, and micro-transactions.

Expanding Use Cases in MegaETH

The new fiat access empowers MegaETH to support real-time applications with minimal friction. Developers can onboard users more rapidly thanks to Transak’s standard payment processing tools. Following the successful launch of its Frontier mainnet, MegaETH is poised for further growth with the upcoming OMEGA phase, which aims to broaden user access significantly.

  • Integration will soon include major stablecoins to enhance liquidity.
  • Supports cross-chain movements and regulated payment tools.

Strengthening Global Web3 Infrastructure

Transak’s robust infrastructure underpins this rapid progression, processing crypto and stablecoin payments for millions of users. The platform’s compliance-ready systems facilitate bank transfers, cards, and diverse regional payment options. Furthermore, Transak’s global operational hubs enhance accessibility for MegETH users worldwide.

Through this collaboration, MegaETH is well-positioned to attract a broader audience, establishing itself as a significant player in the Layer 2 landscape.