PANews reported on November 11th, citing Techinasia, that cryptocurrency payment company BasedApp announced it has achieved $10 million in revenue and over $29 billion in transaction volume after four years of operation. Originally founded on the Terra blockchain under the name Suberra, the company shifted its focus to Ethereum Virtual Machine (EVM) compatible chains after Terra's collapse in 2022. BasedApp initially developed a stablecoin settlement product before offering cryptocurrency debit card services, and announced in July of this year that it would discontinue this debit card business in Singapore. Currently, the company offers a multi-platform wallet, allowing users to conduct cryptocurrency transactions on the Hyperliquid platform via apps, web, desktop, and Telegram. BasedApp stated that it ranks first among Hyperliquid platform developers in terms of transaction volume.PANews reported on November 11th, citing Techinasia, that cryptocurrency payment company BasedApp announced it has achieved $10 million in revenue and over $29 billion in transaction volume after four years of operation. Originally founded on the Terra blockchain under the name Suberra, the company shifted its focus to Ethereum Virtual Machine (EVM) compatible chains after Terra's collapse in 2022. BasedApp initially developed a stablecoin settlement product before offering cryptocurrency debit card services, and announced in July of this year that it would discontinue this debit card business in Singapore. Currently, the company offers a multi-platform wallet, allowing users to conduct cryptocurrency transactions on the Hyperliquid platform via apps, web, desktop, and Telegram. BasedApp stated that it ranks first among Hyperliquid platform developers in terms of transaction volume.
Crypto payment company BasedApp says it has reached $10 million in revenue after four years of operation.
PANews reported on November 11th, citing Techinasia, that cryptocurrency payment company BasedApp announced it has achieved $10 million in revenue and over $29 billion in transaction volume after four years of operation. Originally founded on the Terra blockchain under the name Suberra, the company shifted its focus to Ethereum Virtual Machine (EVM) compatible chains after Terra's collapse in 2022. BasedApp initially developed a stablecoin settlement product before offering cryptocurrency debit card services, and announced in July of this year that it would discontinue this debit card business in Singapore. Currently, the company offers a multi-platform wallet, allowing users to conduct cryptocurrency transactions on the Hyperliquid platform via apps, web, desktop, and Telegram. BasedApp stated that it ranks first among Hyperliquid platform developers in terms of transaction volume.
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