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The Graph Integrates On-Ramp To Enable Direct Fiat Payments

Decentralized infrastructure protocol The Graph teamed up with web3 fiat-to-crypto gateway Banxa, enabling users to pay with fiat currency rather than just crypto to access its indexing and querying data from blockchains. 

The integration aims to lower the barriers to decentralized protocols, making it easier for developers to access blockchain data in a similar way to traditional software-as-a-service (SaaS) products. Users can now directly engage with The Graph's user interface without having to deal with centralized crypto exchanges prior to using the service.

The collaboration marks the first use of Banxa’s OpenRamp product, enabling fiat payments to interact with smart contracts. In this case, it fulfills all fiat transactions directly to The Graph’s billing contracts.

(by James Hunt)

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