Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.
Swiss-regulated payments company TrustLinq aims to solve the usability problem with crypto through its crypto-to-fiat payment layer. For over 16 years, cryptocurrencies have been held up in wallets and on exchanges with no way to use them in traditional settings.
As a result, billions have been kept out of circulation as there has been no regulated path connecting crypto and the legacy financial system, but TrustLinq changes that. It does this by providing a regulated infrastructure layer that enables cryptocurrency holdings to fund fiat-denominated transactions in more than 70 currencies.
Users of the platform go through established settlement channels without needing a bank account, making it the first reliable platform to provide a path for seamless crypto spending.
Recent data show that while roughly 580 million people and businesses hold crypto worldwide, only about 15,000 merchants accept it directly, representing less than 0.003% of global real-world usability. Such limited acceptance leaves large amounts of cryptocurrency effectively unusable within traditional financial systems.
With TrustLinq’s regulated infrastructure layer, cryptocurrency holdings can now fund fiat-denominated transactions across global banking networks. Built within a Swiss-regulated framework and incorporating structured operational controls, secure asset-handling processes, and multi-jurisdiction settlement connectivity, the platform is hard to reproduce due to the regulatory, technical, and procedural requirements it had to meet.
It is designed to support predictable, transparent, and scalable cryptocurrency-funded fiat transactions across borders. TrustLinq is fully accessible to individuals and businesses in eligible jurisdictions, with supported cryptocurrencies at launch including USDT on ERC20 and TRC20, USDC, and EURC.
The platform is still under development with more settlement routes, technical integrations, and platform capabilities to come as part of the company’s roadmap. TrustLinq operates under a new and emerging infrastructure category that enables cryptocurrency to move from self-custody into traditional financial systems without acting as an exchange, wallet provider, processor, or remittance service.
The increasingly recognised financial technology category is referred to as a Self-Custodial Crypto-to-Third-Party Fiat Settlement model. It describes an infrastructure layer that allows users to retain control of their digital assets while initiating fiat-denominated transfers to third-party recipients via regulated settlement networks.
TrustLinq’s model introduces an operational layer that bridges digital assets and traditional banking frameworks while prioritizing security, compliance, and user control in ways existing platforms don’t.
Source: https://zycrypto.com/trustlinq-bridges-crypto-usability-gap-with-innovative-payment-layer/
