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Home » World App Expands Cryptocurrency Usage with Cryptorefills
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World App Expands Cryptocurrency Usage with Cryptorefills

adminBy adminOctober 21, 2024No Comments2 Mins Read
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Cryptorefills integrates with the World App to provide new functionality aimed at allowing users to make purchases with Worldcoin tokens.

This integration introduces two mini-apps within the World App that allow users to convert Worldcoin tokens into goods and services when tokens are available. The collaboration launched two mini-apps powered by Cryptorefills’ gift cards and mobile top-up catalogs.

These mini-apps are accessible on both iOS and Android platforms.

  • Mobile Top-Up Mini App: Users can recharge their mobile airtime and purchase data bundles from over 600 mobile carriers in 180 countries. All transactions can be completed within the World App using Worldcoin tokens.
  • Service Mini App: Users can purchase gift cards from over 5,000 brands from 150 countries. This process involves selecting the desired brand and amount and completing the purchase with Worldcoin tokens.

These transactions run on World Chain, a layer 2 blockchain built on the OP stack and designed for efficiency and scalability. This infrastructure minimizes transaction fees, speeds up processing, and increases the practicality of using cryptocurrencies in everyday transactions.

Besides mini-apps, Cryptorefills has also integrated the World Chain network into its own platform. Cryptorefills.com customers can now choose between the Optimism network or World Chain’s Layer 2 network to make purchases using Worldcoin tokens.

Cryptorefills integrates with the World App to provide new functionality aimed at allowing users to make purchases with Worldcoin tokens.

Other notable developments by Cryptorefills

In April 2024, Cryptorefills Labs published a research report titled “Stablecoins in Cryptocurrency Shopping.” This report investigated the growing importance of stablecoins and alternatives to Ethereum’s mainnet in facilitating consumer cryptocurrency transactions. This report provided insights into crypto buyer preferences and behavior through comprehensive analysis.

Key findings of the report include a significant preference for stablecoins among crypto buyers, with nearly 80% preferring them over Bitcoin, Ethereum, and other cryptocurrencies for transactions. It shows that. Additionally, 62% of consumers participating in cryptocurrency shopping are more likely to purchase if a vendor accepts stablecoins.



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