Transak Brings Instant Fiat On-Ramps to MegaETH, Opening ETH Purchases to 10M Users

ETH-0,63%
DEFI9,41%

Transak has plugged its fiat rails directly into MegaETH, a move that promises to make real-time Ethereum experiences instantly accessible to mainstream users around the world. The integration, which is already live, allows more than 10 million people to buy ETH natively on MegaETH in seconds using familiar payment methods, credit and debit cards, Apple Pay, Google Pay, SEPA and dozens of local options, without needing to bridge tokens, open a centralized exchange account, or hold crypto beforehand.

MegaETH, which touts throughput of over 100,000 transactions per second and sub-millisecond latency, is designed for high-frequency, low-latency use cases. By removing the on-ramp friction that has long deterred everyday users, Transak’s direct fiat flow aims to open the door to real-time DeFi trading, on-chain gaming, AI-driven agents, streaming payments and micro-transactions at scale.

“This integration is about removing friction at the exact moment users want to get started,” said Jack Bushell, Director of Sales at Transak. “MegaETH has built Ethereum performance that finally matches real world expectations. With Transak, users can jump straight into that experience using the payment methods they already trust, no setup, no complexity, no detours.”

MegaETH’s builders celebrated the announcement as a practical step toward wider adoption. “MegaETH was created to bring Ethereum to the masses at speeds people expect from the modern internet,” said Shuyao Kong, Co-Founder of MegaLabs. “Transak’s global reach and instant fiat experience is exactly the kind of infrastructure we need to turn that vision into reality for everyday users.”

The Timing is Notable

The integration follows the recent opening of MegaETH’s Frontier mainnet to developers and arrives ahead of the broader public rollout planned for the platform’s upcoming “OMEGA” phase. Transak also confirmed that support for popular stablecoins is coming soon, which should deepen on-chain liquidity for payments and DeFi activity on the chain.

Transak’s platform, built around Virtual Account APIs and compliance-ready rails, is designed to let apps onboard users, handle cross-border payments, and orchestrate multi-party payment flows natively within their products. Already integrated into more than 450 apps and used by over 10 million people worldwide, Transak handles fiat-to-crypto and crypto-to-fiat moves via bank transfers, cards, local payment methods and stablecoins.

The company operates globally, with a base in Miami, FL, US and offices in London, England, UK, Bengaluru, Karnataka, India, Dubai, UAE and Hong Kong, China. For MegaETH, the partnership with Transak removes one of the last practical barriers keeping mainstream users from experiencing an Ethereum stack built for the speed and scale of today’s internet.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Polkadot Undergoes Bridge Exploit, Attacker Mints 1B $DOT on Ethereum

Polkadot faced a major security breach where an attacker minted 1B $DOT coins on Ethereum via a 3rd-party bridge, draining over $240,000 in $ETH. This incident highlights ongoing vulnerabilities in cross-chain infrastructure and its impact on market stability.

BlockChainReporter6m ago

Bitmine gets promoted to the NYSE main board! Tom Lee: U.S. stocks may be bottoming out, and selling pressure on Ether could ease

Bitmine has officially moved from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a sharp drop in its share price, it has still increased the share repurchase plan to $4 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and share price performance.

CryptoCity38m ago

Nasdaq-listed miner Bit Digital stakes 29.9k ETH

Gate News message: On April 13, according to monitoring by Onchain Lens, Bit Digital—an Nasdaq-listed mining company—staked 29.9k ETH, worth approximately $65.3 million.

GateNews1h ago

Trader 0x5ACE Deposits 2,540 ETH to CEX After 3-Month Hold, Realizes $2.4M Loss

Gate News message, trader 0x5ACE deposited 2,540 ETH, valued at $5.56 million, to a centralized exchange after holding the position for 3 months. The transaction resulted in a loss of $2.4 million for the trader.

GateNews2h ago
Comment
0/400
No comments