Repay Holdings Corp. (NASDAQ:RPAY) is one of the best 11 small-cap software infrastructure stocks to buy now.
On June 18, Repay Holdings Corp. (NASDAQ:RPAY) completed its first successful proof of concept, allowing the acceptance of Stablecoin payments via its platform. This represented a significant milestone in REPAY's efforts to evaluate blockchain payment solutions for its enterprise clients and their end-users.
Pachai Leknettip/Shutterstock.com
The proof of concept was a fully functional demonstration of a consumer-to-business transaction executed on the Stellar blockchain system. Consumers with a compatible digital wallet could initiate a transfer of USD Coin to a corresponding wallet belonging to a REPAY client. USD Coin is a fiat-backed, regulated stablecoin pegged to the U.S. Dollar at 1:1.
The demonstration was built around utilizing the company's existing technology stack and provides an easy-to-use interface. When a consumer selected USD Coin as a payment method, details of the transaction were displayed, and upon review of the information, the consumer authorized payment using their internet-based browser wallet extension.
On June 18, Repay Holdings Corp. (NASDAQ:RPAY) completed its first successful proof of concept, allowing the acceptance of Stablecoin payments via its platform. This represented a significant milestone in REPAY's efforts to evaluate blockchain payment solutions for its enterprise clients and their end-users.
Pachai Leknettip/Shutterstock.com
The proof of concept was a fully functional demonstration of a consumer-to-business transaction executed on the Stellar blockchain system. Consumers with a compatible digital wallet could initiate a transfer of USD Coin to a corresponding wallet belonging to a REPAY client. USD Coin is a fiat-backed, regulated stablecoin pegged to the U.S. Dollar at 1:1.
The demonstration was built around utilizing the company's existing technology stack and provides an easy-to-use interface. When a consumer selected USD Coin as a payment method, details of the transaction were displayed, and upon review of the information, the consumer authorized payment using their internet-based browser wallet extension.
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