Integrating a payment option using USD Coin (USDC) helps meet Investor demand
GigaStar, a startup bringing YouTube Creators and Investors together, has announced that Investors now have the option to pay with USDC cryptocurrency when participating in Creators’ offerings on its crowdfunding platform, GigaStar Market.
By partnering with Cybrid, a leading digital payment technology provider, GigaStar expands Investors’ payment method options via crypto onramp/offramp capabilities for USDC, a stablecoin cryptocurrency pegged 1:1 in price with the U.S. dollar.
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Investors can now pay for their investments with credit card and Automated Clearing House (ACH), and the inclusion of a USDC payment option adds versatility and aligns with the demands of a new generation of Investors.
“Enhancing the Investor experience supports our vision of a dynamic investment ecosystem”, said Victor Glava, GigaStar’s CTO. “Our collaboration with Cybrid expands Investor funding options and unlocks opportunities for Investors to participate in the Creator Economy.”
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While this new payment option is initially available only to U.S. and Canadian Investors, GigaStar will expand this capability to additional countries in the coming months.
GigaStar Market, an SEC-registered funding portal, has launched 26 YouTube channel offerings, raising $4.2M for Creators with 20,600+ Investor accounts. To date, GigaStar has distributed over $504K+ in revenue to Investors.
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source – businesswire
