Breaking Fintech Milestone with Centi Stablecoin at Finovate Europe 2024 in London
In a groundbreaking achievement, Centi, a pioneering Swiss-based financial solutions provider, has achieved a significant milestone by successfully processing over 1 million micropayments, each precisely valued at 1 cent, within a 24-hour timeframe.
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This accomplishment underscores the robust capabilities of Centi's proprietary stablecoin tokens and underscores the potential of this solution for the future of fintech.
"We extend our heartfelt congratulations to the accomplished minds behind this feat, Ralf Zellweger and Bernhard Müller, the two founders of Centi," says Pascal Stürchler, Co-Founder and CEO of Bloomhaus Ventures. "With bank transactions typically taking around 10 seconds, Centi's remarkable median processing time of 3 seconds is truly impressive. We eagerly anticipate witnessing how Centi's secure and cost-effective white-label solution will attract collaboration from banks and other fintech entities."