Ethereum Classic recently partnered with UTRUST – one of the largest digital currency payment solution. The Dev Team of Ethereum Classic (ETC) saw the partnership with UTRUST as a great opportunity as the payment solution of the firm sees more adoption.
In the third quarter of this year, while the digital currency saw a significant increase in its value following its listing on Coinbase, a lot of institutions moved towards the blockchain project to adopt the IoT technology.
With a high reputation in the space of fast and secure payments providers, UTRUST is a firm that aims for the worldwide adoption of digital currency payments, digital currency to fiat transaction, and buyer protection. The firm has collaborated with several blockchain projects, hence giving them further exposure in the blockchain ecosystem.
Advantages Ethereum Classic (ETC) Blockchain Offers to UTRUST
As the firm went in search of a blockchain they can integrate their systems with, the blockchain of Ethereum Classic (ETC) emerged as the most preferred choice of the firm. The digital currency has seen enormous improvements in its value and development since its inception.
The firm evaluated the successes and issues of the blockchain project and its development team, and they deemed it the most suitable blockchain for the integration. Listed below are some of the reasons why the firm chose to integrate Ethereum Classic into its platform.
Ethereum Classic (ETC) Price Today – ETC / USD
Name Price $9,554.61 $6.98
- The listing of Ethereum Classic (ETC) on Coinbase – one of the most popular digital currency trading platforms – that caused a massive increase in the adoption and price of the coin played a major role in the blockchain project being chosen as the blockchain suitable to be integrated into the platform of UTRUST.
- The digital currency is far from being regarded as a security as the U.S SEC declared its predecessor – Ethereum (ETH) – a non-security. This gives the firm the flexibility to work with the digital currency without the fear of regulations applicable to securities.
- ETC is one of the digital currency with the highest demand in the market. This gives it a competitive edge as the overall number of suppliers and merchants that wish to adopt the digital currency are high, offering a potential increase in the users of UTRUST.