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#024 | Elrond News | Elrond acquires UTRUST - what’s next?
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After Elrond’s acquisition of UTRUST expectations are high for this new partnership. With the merger, both companies join forces to accelerate the adoption of Web3-payments. UTRUST is a fintech company with over 10,000+ businesses that have already implemented UTRUST's payment processing system allowing their customers to pay with crypto. In the coming months, both Elrond and UTRUST will also start testing what they call “Merchant Yielding,” an innovative new way of turning the high fees that are usually deducted from the merchants’ winnings into actual winnings by means of staking. Sounds interesting? Listen in on our new special episode now!
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