Fuse announces Volt App 2.0, a new DeFi banking app Share
Cryptocurrency Nov 15, 2024Fuse, a blockchain payments platform, has announced the release of Volt App 2.0, a new digital asset management tool, according to the updates shared with Finbold on Friday, November 15.
The new app promises features such as crypto debit cards, multi-chain deposits, and gamified financial education.
⚡️ @voltfinance unveils VOLT 2.0 ⚡️
Over the past three years, Voltage has processed over 6.3 million transactions on Fuse with a total volume exceeding $94 million.
Now it's time for the next chapter: VOLT 2.0 – bridging the gap between TradFi and DeFi.
Here’s what’s new: 🧵 pic.twitter.com/Zklwh4CDxO
— Fuse Network 🔜 Devcon (@Fuse_network) November 14, 2024
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Fuse’s new digital asset management solution
Volt App 2.0 aims to bridge the gap between traditional (TradFi) and decentralized finance (DeFi) by allowing users to earn yields, make global payments, and use cryptocurrencies in everyday transactions.
Instrumental to this vision is the Volt debit card, which lets users convert digital assets to fiat in real time.
Volt card holders can use their funds online or in-store to enjoy both the long-term value of their digital holdings and the convenience that comes with instant payments.
In addition to yield on stablecoins and other cryptocurrencies, DeFi tools such as in-app governance voting and gasless transactions ensure a user-friendly experience.
Multichain asset integration
Volt App 2.0 also introduces multichain integration, enabling deposits from major blockchain networks such as Ethereum (ETH), Polygon (MATIC), and BNB Chain.
In addition, the app comes with a gamified rewards program, so users will have more incentive to engage with the DeFi tools available within the app.
That is, users can complete tasks such as staking, swapping, and saving to earn rewards and enjoy a more engaging DeFi experience.
With the recent 2.0 upgrades, Fuse is expecting not only mass adoption but also increased accessibility and flexibility, paving the way for new DeFi users.