- Rezolve AI has partnered with Tether to integrate cryptocurrency payments into everyday retail transactions via the Brain Checkout platform. This innovation aims to eliminate merchant fees and make crypto as accessible as cash or credit.
- The collaboration introduces real-time crypto-to-fiat conversion and a fee-free payment system, addressing inefficiencies in legacy payment systems while reshaping the $30 trillion retail sector.
What happened: Rezolve AI and Tether join forces to redefine cryptocurrency payments
Rezolve AI, a leader in AI-driven commerce solutions, has partnered with Tether, a prominent name in the digital asset space, to transform how cryptocurrencies are used in daily transactions. By integrating Tether’s open-source Wallet Development Kit (WDK) into its Brain Checkout platform, Rezolve aims to make cryptocurrency as convenient as cash or credit.
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This initiative seeks to unlock the potential of popular cryptocurrencies like Tether’s USD₮ and Bitcoin, making them practical for everyday purchases such as groceries and transport. At the same time, merchants will benefit from a system that eliminates hefty transaction fees. Rezolve’s collaboration with Tether is poised to set a new benchmark in retail payments, addressing inefficiencies in traditional payment systems while encouraging wider crypto adoption.
Why this is important
Merchants collectively spend over $600 billion annually on credit card and payment processing fees, a cost that eats into their profitability. Rezolve’s innovative approach aims to eliminate these fees, providing merchants with a compelling reason to adopt cryptocurrency payments.
For consumers, the integration introduces a frictionless checkout process, allowing crypto payments to fit seamlessly into their everyday lives. Rezolve is also planning real-time crypto-to-fiat conversions to ensure merchants receive payments in their preferred currency. By merging blockchain innovation with practical retail solutions, this collaboration could reshape the $30 trillion global retail sector and make cryptocurrency a mainstream payment option.
