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Articlemercuryo.io6mo ago

Mercuryo, Stellar, and LOBSTR Launch 5% USDC Cashback Campaign

Stellar, LOBSTR, and Mercuryo launched a campaign offering 5% USDC cashback (up to $50) when users buy stablecoins via Mercuryo on Stellar through LOBSTR Wallet, aiming to shift crypto from holdings to active payments.

PaymentsStablecoinsWallets
Lumen Loop's take

Stellar, LOBSTR wallet, and Mercuryo announced a collaboration to encourage stablecoin use for everyday transactions rather than long-term holdings. The campaign offers 5% USDC cashback (capped at $50 per user) when purchasing USDC via Mercuryo on the Stellar network through LOBSTR Wallet. The partnership combines Stellar's fast, low-cost blockchain infrastructure with LOBSTR's user-friendly wallet and Mercuryo's fiat-to-crypto on-ramp. The initiative addresses a gap where only 39% of U.S. crypto holders actively use digital assets for payments. Stellar's near-instant settlements and fractional-cent fees position it as ideal infrastructure for stablecoin payments at scale.

Mentioned projects
2 projects linked
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LobstrApplications
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P2PMobileSoftware Wallet

LOBSTR is a web and mobile wallet that enables users to interact with the Stellar network and its decentralized exchange. It sup…

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MercuryoInfrastructure & Services
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PaymentsAPIWallet Infra

Mercuryo is a global payment platform bridging crypto and fiat, offering services like on-ramps, virtual cards, and multi-curren…

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