Ethereum Classic (ETC) is in partnership with UTRUST, one of the largest crypto payment solutions after signing an MOU (memorandum of understanding) to get integrated within UTRUST. This is a step in the right direction for ETC as it spreads its reach by collaborating with UTRUST.
UTRUST has a strong reputation in the industry for being a secure and fast payment provider. The goal for UTRUST is to get global recognition and the adoption of buyer protection, cryptocurrency payments etc. UTRUST has a lot of experience in the industry from entering into partnerships with companies like Pundi X (a POS platform based in Singapore), Digibyte (a blockchain technology service provider), UMT (a massive Mobile payment technological platform n Europe) and Gambio (the largest e-commerce solution in Germany).
According to Nunu Correia, the Co-founder and CEO of UNTRUST, he stated that ETC (Ethereum Classic) is among the few cryptos that possess an institutional demand and that it matches the vision UNTRUST has when it comes to features and delivery.
The benefits of ETC to UNTRUST
The UNTRUST team have chosen Ethereum Classic as their preferred choice to integrate their payment gateway after weighing their shortcomings and successes and the reasons are obvious, ETC has improved massively in price and development which is why they are best suited for the integration.
Furthermore, ETC is one of the tokens with the highest demands in the market thus giving the coin an edge with so many suppliers and merchants who wish to adopt the coin. This in turn, will generate more customers for UNTRUST.
In recent times, blockchain payments have no doubt messed up financial dealings, however, UNTRUST is here to add a vital element of consumer protection, swift transaction and low fees. In essence, it has the responsibility of being an escrow which will secure funds until products and services are delivered as agreed.