Dash is a leading cryptocurrency focused on payments. DIA, is the open source data and oracles used for DeFi. They expressed that they are thrilled to announce that DIA is partnering with the digital currency network Dash to make it possible for merchants and developer community to access the broader DeFi ecosystem.
Reportedly, Dash facilitates a competitive transactional speed of 1 second and low fees. Their user base is growing base and there are thousands of merchants that are now using the digital payment currency as their preferred payment method.
During the last quarter of 2020, Dash has made it possible to touch upon an average of +22,300 transactions per day with a payment volume of $0.92 billion. Dash has brought the benefits of decentralization to a mass of mainstream users outside the deeper crypto and DeFi ecosystem.
There is a recent increase seen among investors in DeFi. Several applications like DASH and DIA are doing what it takes to build a bridge, which makes DeFi access possible for merchants and the users of Dash.
DeFi makes several financial freedoms and opportunities possible. Previously, the benefits of decentralization was enjoyed only by the crypto and Defi ecosystem users. However, Dash made it possible for the advantages of decentralization to be available for mass adoption.
As a key step towards increasing mass adoption, “The integration of DIA oracles to the Dash Platform makes it possible for Dash price and data feeds available to Ethereum and other L1 and L2 protocols through DIA’s open-source oracle platform.”
Michael Weber, Founder and Association President of the DIA Association stated, “A use case and adoption among a non-crypto native target group. We are excited to embark on this partnership that will enable a more mainstream target group to leverage the benefits offered by the decentralized financial market.”
Dash Next and DIA are focused on continuing to explore further use cases to leverage the capabilities of both platforms to create value for users of DIA data as well as Dash’s developer and merchant communities. Further, improving value
Meanwhile, Millions of Venezuelans were able to pay their satellite TV using Dash via their Cryptobuyer Pay solution. This is a great sign of mass adoption. This has become a reality because several teams, supporters and collaborators are doing their best in pushing real use cases.
Being the leading payments-focused cryptocurrency, Dash are well aware that user experience is essential to achieve mainstream adoption. They reinstate that user experience matters a lot.
