Timothea Horwell | November 4 2020
Timothea Horwell | November 4 2020
The integration between Orion Protocol and MobiePay will bring ORN to the MobiePay ecosystem, opening it up to allow integration at 500+ major global retailers. Meanwhile, through Orion’s Liquidity Boost Plugin, Orion will enrich MobiePay’s in app currency exchange with cross-exchange liquidity and tight spreads on all spendable currencies within the MobiePay ecosystem.
Built on the most advanced liquidity aggregator ever developed, Orion Protocol aggregates the liquidity of every single crypto exchange into one decentralized platform: providing a singular, non-custodial, gateway to the entire digital asset market and is set to be launched this quarter. Its enterprise solutions for crypto projects, blockchains, and exchanges include Orion Liquidity Boost Plugin: bringing unmatched liquidity and volume to all exchanges in the market.
MobiePay is being developed as a universal payments and rewards ecosystem built to let consumers make secure payments from their mobile phone. Consumers will be able to use Mobie at all their favourite places. Mobie is integrating with over 225,000 POS systems at 500+ top retailers. Their token, MobieCoin™ is designed to be part of the ecosystem that will connect multiple fiat and digital currencies directly to the global marketplace, with the potential to generate cashback and rewards on purchases and transfers. 100,000 users are primed for onboarding during the initial public launch.
The integration will open up the opportunity for holders of ORN to use their token throughout the Mobie ecosystem. It also has the potential to unlock a number of new functions for the ORN token, including:
ORN, which provides benefits such as discounted trading, advanced features, protocol access, and staking returns, will be able to be spent, online or in-person, at 225,000 POS systems in 500+ global retailers with whom MobiePay has integrated.
“Orion Protocol’s mission is to build a sustainable future of crypto breaking down barriers to mainstream adoption. Integrating with MobiePay is a huge step in further facilitating the real-world use of crypto assets: enriching MobiePay’s ecosystem with liquidity, while building integration that should allow ORN to be used at major global retailers, including many household names.” Alexey Koloskov, CEO of Orion Protocol
Alongside its native token adoption within the MobiePay in-app exchange, Orion Protocol will further enrich the ecosystem by providing access to the liquidity and volume of all exchanges in the market through its Orion Liquidity Boost Plugin. This will eventually enable virtually limitless liquidity and tight spreads on all spendable currencies within the MobiePay ecosystem. This should create the easiest exchange experience on the market. This approach will also give MobiePay the potential to pass these savings to its user base across its suite of solutions.
“An integration with Orion Protocol makes perfect sense for the Mobie ecosystem and our in-app exchange. With Orion Protocol's access to multiple exchanges liquidity in one place, it enables a seamless liquidation process with tight spreads and low slippage. These benefits will apply to many sales/conversions of assets in Mobie ecosystem. Furthermore, this integration has the potential to allow Mobie to pass those savings on spreads to its consumers.” Brandon Burguson, CEO of MobiePay