Mercuryo, Stellar, and LOBSTR have launched a 5% USDC cashback campaign (up to $50) for users buying USDC via Mercuryo on the Stellar network through LOBSTR Wallet. The initiative aims to encourage everyday stablecoin transactions rather than just holding. It combines Stellar's fast blockchain, LOBSTR's user-friendly wallet, and Mercuryo's fiat on-ramp for seamless access.
Mercuryo, Stellar, and LOBSTR are collaborating on a campaign offering 5% cashback in USDC, capped at 50 USDC per user, for purchases made via Mercuryo on the Stellar network using LOBSTR Wallet. Stellar provides a decentralized, low-cost blockchain for near-instant settlements, ideal for stablecoin payments. LOBSTR offers a simple wallet for managing assets on Stellar, while Mercuryo enables quick fiat-to-crypto conversions. The campaign promotes active use of stablecoins amid low transaction rates among US crypto holders, with steps including buying USDC on Stellar via LOBSTR and receiving daily cashback on business days. Restrictions apply, such as a minimum purchase of 5 USDC, one-hour transaction intervals, and exclusions for certain regions like the UK.
