ROZO Launches Intent-Based Payments on Stellar for Instant Cross-Chain Transfers
ROZO Launches Intent-Based Payments on Stellar for Instant Cross-Chain Transfers
馃殌 Payments without borders
ROZO has introduced intent-based payments on the Stellar network, aiming to eliminate traditional barriers in cross-border transactions.
Key Features:
- Enables cross-chain payments at messaging speed
- Removes waiting periods associated with traditional banking and existing crypto systems
- Addresses fragmentation created by different blockchains and token issuers
The system builds on ongoing efforts to modernize cross-border payments, which have historically struggled with slow speeds, high costs, and currency conversion complexities. Previous solutions like Zodia Markets' USDC integration have focused on institutional use cases.
ROZO's approach targets the friction points that exist even within crypto ecosystems, where different chains and issuers have created new forms of borders despite the technology's promise of borderless transactions.
The US Dollar has borders, banking systems have borders. Even "borderless" crypto created new ones with chains & issuers. NOT ANYMORE. Introducing ROZO Intent-Based Payments on @StellarOrg! We're making cross-chain payments as fast as sending a message online. No more waiting.
