Crypto-to-fiat payment
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TrustLinq Launches Swiss-Regulated Crypto-to-Fiat Payment Platform to boost Cryptocurrency Adoption
Yahoo Finance· 2025-11-25 14:05
Core Insights - TrustLinq has launched a crypto-to-fiat payment platform that allows cryptocurrency holders to send fiat payments directly from their crypto holdings to anyone globally in over 70 local currencies [2][3] - The platform addresses a significant market inefficiency, as less than 0.005% of businesses currently accept digital assets directly, creating friction for crypto holders [3][4] - TrustLinq is positioned as an early-mover in the crypto-to-fiat payment facilitation niche, with no direct competitors offering similar functionality [4] Company Overview - TrustLinq is a Swiss-regulated intermediary that enables direct crypto-to-fiat payments without requiring recipients to accept crypto or change their banking setup [2][4] - The platform is designed for both individuals and businesses, allowing personal expense payments and vendor payouts, particularly benefiting trading firms, affiliate networks, SaaS companies, and e-commerce businesses [5] Market Potential - There are over 580 million cryptocurrency users globally, indicating a substantial demand for practical and compliant fiat utility [3][6] - TrustLinq's CEO emphasizes the need for seamless integration between crypto and fiat, highlighting the immense demand for practical financial operations using cryptocurrency [6]