Plutos Network Secures a Strategic Alliance with Public Mint

This month has featured major highlights on Plutos Network with another ground-breaking news as Plutos Network, a cross-chain synthetic issuance & derivative trading platform that introduces mining incentives and Staking rewards to users recently secured a strategic partnership with Public Mint, a platform that offers a powerful, simple payment system and access to the best opportunities in decentralized finance (DeFi).

What is Public Mint?

Public Mint is a platform that aims at bridging the gap between crypto and fiat currencies. It provides synthetic fiat currencies with a fully collateralized, regulated, and FDIC-insured platform.

Public Mint also has a fiat-native blockchain, APIs, and a web widget that can be embedded. It enables developers to create fiat-enabled apps that take credit cards, ACH, wire transfers, and other forms of payment. In the year 2020, the Public Mint was established.

The Public Mint network integrates crypto into today’s global economic system by bringing currency to the blockchain. It does so in a secure, scalable, and efficient manner, all while remaining fully compliant with regulations, resulting in the ideal platform for businesses to thrive without the risk of crypto asset volatility.

Public Mint is more than simply a tool for dealing with volatility. We recognize that businesses require business solutions that have been difficult to duplicate on-chain in the past and on which the economy now operates.

In essence, Public Mint combines the best of both worlds: fiat’s stability with the blockchain’s efficiency and immediate finality.

Benefit of the Partnership

This partnership is as a result of the activation of NovelSwap, a next-generation decentralized exchange developed by Plutos Network that is on the Public Mint test-net and this will soon be available on the mainnet by the end of october, with an initial trading pair of MINT/USD.

About Plutos Network

Plutos Network is a cross-chain synthetic issuance and derivative trading platform that pays users for mining and staking. Plutos Network will offer users synthetic issuance and trading services for a wide range of synthetic products that are sustainable, profitable, and disruptive to the traditional derivative market by integrating Blockchains such as Polkadot, BSC, and Solana, which enable on-chain and cross-chain liquidity and trading.

With Plutos, all users can have access to synthetic assets from both traditional financial market and the crypto market. By enabling cross-chain and on-chain functionalities, Plutos will be able to deliver keynote features such as scalability, high interoperability, low cost of transactions, offering the perfect solution for current DeFi derivative market to difficulties and limitations such as high gas fee, low transaction speed, vulnerability of hacking such as flash loan etc.

For more information, visit;






Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

CVI Teams up with Alchemist Crucible

Fintech Podcast — Episode 183

Andreas M. Antonopoulos

💵💲FREE SOLANA - Dont Miss It💥

Shiba Inu: Elon Musk’s prediction for the Shiba Inu coin


Staking: Release of CenX Rewards is Imminent

ProjectX NFT Digest: 1/7/22

$GOVI Can Now be Purchased with Fiat Using Credit and Debit Card, Bank Transfer or Apple Pay, All…

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Samson Anthony

Samson Anthony

More from Medium

Artifest receives Technical Grant from Polygon Foundation

The Interfuse of Metalaunch on Polygon

GamyFi NFT Battle Royale V2 finally here!

Full Insight on Lighthouse