Wednesday, December 6, 2023

Support for Cardano added by Flexa payments network

Flexa, a payments network, has recently added Cardano’s native crypto token ADA as a payment option. This latest development came hot on the heels of Bitpay adding support for meme crypto token Shiba Inu while shunning ADA.

Flexa shared the news via an announcement on Twitter, in which it stated that the company will provide instant ADA payment support at more than 40,000 locations throughout the USA. Some of the merchants that are open to payments through Flex for point-of-sale purchases include the likes of Whole Foods, Gamestop, Barns & Noble, and Nordstrom.

The addition of ADA support is a part of the campaign titled ’25 days of Flexa’. During the campaign, Flexa has added not just support for ADA, but for a variety of other crypto tokens as well. Some of the tokens for which Flexa has added support include Solana, Filecoin, Avalanche, and a variety of DeFi tokens.

Recently, Flexa has increased its digital asset industry presence. It has also created SPEDN, a mobile app, for the facilitation of cryptocurrency payments. Flexa is currently partnering with Gemini, a prominent crypto exchange, which also played a role in shaping the ’25 Days of Flexa’ campaign.

After Flexa announced the addition of ADA payment support, Cardano supporters were rejuvenated. When Bitpay had earlier rejected ADA in support of Shiba Inu, the Cardano community was infuriated, as was the creator of Cardano, Charles Hoskison, who had a Twitter outburst. Flexa’s addition of Cardano support could be to change the general perception of digital assets like ADA, which have utility. Typically, it is thought that such tokens will never be used for payments

Cryptured Team
Cryptured Team
The writers team at is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.

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