E Money Network to Empower Plume Network Users with Fiat-to-Onchain Accessibility and Crypto Card

We are excited to announce that E Money Network is partnering with Plume Network, one of crypto sector’s fastest growing public blockchains optimized for the rapid adoption and demand-driven integration of real world assets (RWAs). Plume Network boasts of over 180+ apps and protocols in its ecosystem, and has $4.5 billion in committed assets ready to be tokenized and distributed. It has already experienced over 280 million transactions across 18 million unique addresses.

E Money Network to Facilitate Fiat-to-Asset Purchases on Plume Network

The E Money Network is a revolutionary BankFi blockchain ecosystem that leverages International Bank Account Number (IBAN) functionality to enable smooth and efficient fiat (eEUR) on-and-off ramping. By integrating E Money Network’s fiat (eEUR)-to-onchain infrastructure, Plume Network will enable its users to use fiat (eEUR)for purchasing assets within its ecosystem.

How will the E Money Network integration work for Plume Network -

1. Users will deposit fiat (eEUR) into their IBAN-linked wallets provided by E Money Wallet.

2. The fiat (eEUR)will be converted to tokenised stablecoins and bridged to the Plume Network for purchasing assets within their ecosystem.

3. On the E Money Wallet, users will select Plume Network from the list of supported networks. Users will be able to choose fiat (eEUR) for purchasing tokenised assets on Plume Network.

How will the E Money Network integration benefit Plume Network -

1. E Money Network’s fiat-to-asset integration will ease the process of user onboarding. Non-crypto users, who were previously daunted by the complexities of engaging with crypto, will now be able to purchase blockchain-based assets with the ease of traditional assets.

2. By bridging fiat (eEUR) to Plume Network’s blockchain-based assets, E Money Network will help in bringing new liquidity from traditional finance into Plume Network’s ecosystem.

3. By eliminating the complexities of traditional onramping and empowering users with direct fiat-to-asset access, Plume Network will power a rich user experience, thereby boosting user satisfaction and engagement.

Exclusive EMN Credit Card Discounts for Plume Network Ecosystem

Among E Money Network’s most disruptive BankFi ecosystem products is the E Money Crypto Credit Card which allows users to spend their crypto with the ease of cash. This card is aimed at enhancing the real world use cases of crypto and amalgamating it in the mainstream economy. Users can utilize the card for making purchases across food and dining, fashion, travel, e-commerce, retail stores, entertainment and other sectors, and earn up to 2% cashback on their purchases. The card will be supported across 150+ countries.

In this partnership, the E Money Crypto card will provide Plume Network users with exclusive discounts and benefits, encouraging them to leverage it for their everyday purchases.

Features of the EMN Crypto Card for Plume Network users -

1. The E Money Crypto Card enables users to collateralize their crypto assets on Plume Network to access fiat credit lines of eEUR. Since users have already undergone KYC and AML checks while signing up on the E Money Wallet, their loan requests will be processed almost instantaneously in just a few steps. Plume Network users will be able to enjoy using their E Money crypto card across 150+ countries with minimal forex charges.

2. Plume Network users will gain cashback rewards for all of their spending. They can even choose their cashback rewards in eEUR or other tokenised assets on the Plume Network.

Benefits of the E Money Card for Plume Network users -

1. The E Money Card will add value to Plume Network’s tokenised assets by enhancing their utility and real world use cases. This is a significant advantage for Plume Network users as it opens up more opportunities for economic growth.

2. With this integration, users unlock real value for users for their real-world assets! Unlocking real value increases the utility of users' assets on Plume, which builds economic value and grows Plume ecosystem user metrics and ecosystem metrics like TVL. In return, with our credit card, users will get benefits in return with cashbacks, rewards, and borrowing capabilities, leading to higher satisfaction and retention.

E Money Network X Plume Network: An Industry-Defining Alliance for User Experience

Among many users aligned with traditional finance, crypto has a notorious reputation for being complex to navigate and limited in its use cases. The partnership between E Money Network and Plume is about to turn this opinion on its head by redefining user experience. There are a host of benefits for Plume Network from the integration of E Money Network’s BankFi blockchain infrastructure.

1. Seamless non-crypto user onboarding - This integration enables non-crypto to embrace tokenised assets without engaging in the steep learning curve of buying crypto. All users have to do is sign up on the IBAN-enabled E Money Wallet and deposit fiat (eEUR) into it to buy Plume Network’s tokenised assets. Not only is the fiat-to-asset process similar to purchasing any digital asset in the traditional economy, users also benefit from the Plume ecosystem’s extensive reach and liquidity enabled by E Money Network.

2. Higher utility for Plume Network’s tokenised assets - With the integration of the E Money Crypto Card in the Plume Network ecosystem, Plume Network users stand to benefit from higher asset utility and the application of tokenised assets in real world use cases. Their tokenised asset investments no longer have to sit passively in their wallets. Plume Network users can avail the exclusive benefit of initiating fiat(eEUR) credit lines by using them as collateral.

3. Higher user satisfaction facilitated by exclusive financial benefits - The E Money Network X Plume Network partnership is a gift that keeps giving. Apart from using their tokenised assets as collateral for availing fiat (eEUR) loans, users gain the benefit of earning up to 2% cashback on all of their purchases in eEUR or crypto. This attractive reward is an incentive for users to spend their crypto like cash for their day to day purchases. This not only adds to user satisfaction and contributes to boosting the TVL of Plume, it helps in integrating crypto in the mainstream economy.

In conclusion, the partnership between E Money Network and Plume Network represents a significant step forward in enhancing accessibility and engagement within the blockchain ecosystem. By combining E Money Network’s robust fiat-to-onchain infrastructure and crypto credit card capabilities with Plume Network’s expansive reach, this collaboration is poised to deliver seamless user experiences while fostering mutual growth. Together, they are setting a new standard for innovation and connectivity in the digital finance space, paving the way for a more inclusive and integrated global economy.