How to embed USDT payment into your app?
How to embed USDT payment into your app?
- Striga
- 4 min read
Table of Contents
Striga offers Tether or more commonly known as USDT accounts allowing users to transact USDT payment directly into and from their wallet. They can swap, buy, sell, withdraw, and deposit USDT in this account.
USDT is a type of cryptocurrency known as stablecoin. It was launched in 2014 by Tether Ltd. USDT is tied on a 1:1 basis to the US dollar, meaning for each USDT token, there is a real US dollar held in a reserve by Tether Ltd. USDT was the first black-chain enabled platform that tokenized fiat-back currencies. USDT operates on several blockchain networks, including Bitcoin, Ethereum (ERC20 token), Tron, EOS, and others making it one of the most versatile stablecoins.
What are the benefits of USDT payment gateway API?
Stability for P2P transfers
Since USDT is tied to the US dollar, it doesn’t go through wild price fluctuations like other cryptocurrencies. This makes it a safe option for traders looking for a stable cryptocurrency and parks their assets during market volatility.
Accessible and transparent
USDT payment is not bound by banking hours or limitations and is accessible to anyone with an internet connection. It doesn’t need any banking infrastructure for transactions and therefore can be accessed in the most remote financially underdeveloped locations. Since USDT operates on blockchain technology, it also offers transparency and security tied to the technology. Each transaction is traceable, immutable, and secure.
Fast and low fees
USDT payment is significantly faster and cheaper than traditional wire transfers or money remittance services. Transaction happens within minutes, sometimes even in seconds rather than days in traditional methods. This is a big advantage for those needing to make frequent transactions or large-scale transfers.
Issue USDT crypto cards to your end-users
Striga allows you to easily create, manage, and grow a USDT account and card program. You can issue your own branded USDT-backed physical and virtual cards. This card will be linked to the USDT account, and when a transaction is done through the cards it will be deducted directly from the USDT balance in the account, swapped to fiat in real-time. These cards are also fully customizable. You can set personalized spending limits, swiftly authorize decisions in real time, restrict specific merchant categories through Webhook endpoints, and verify transactions seamlessly via SMS confirmation. All of these features and benefits of USDT accounts and cards are accessible via Striga APIs.
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