Merge was founded by a former PayPal executive and aims to provide banking and payment infrastructure for Web3 companies and bridge the gap between fiat and crypto ecosystems.
According to research conducted by Grayscale, the Web3 economy is estimated at a USD 1 trillion market opportunity, yet crypto businesses continue to be considered high risk by tier-1 banks. They are also underserved by digital payment providers and lack a range of products and services that other payment methods benefit from.
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