The post Why SpacePay Could Beat XLM and Change How the World Uses Crypto appeared on BitcoinEthereumNews.com.

The world of digital payments is changing fast. New systems are popping up, each trying to solve problems we’ve all experienced: slow transactions, high fees, and overly complicated payment processes. Many of these systems aim to make it easier to send money across borders without the usual delays and costs. The idea is simple. Payments should be smooth, quick, and affordable whether you’re sending money to someone across the street or on the other side of the world. SpacePay Could Make Payment as Easy as Ever SpacePay is one of the new players in this space. It’s a London-based fintech startup that wants to make crypto a normal part of everyday payments. Instead of building something complex, SpacePay created a system that’s easy for both businesses and customers to use. Merchants don’t need to buy new equipment. SpacePay works with the card machines they already have, using a simple Android app. With this setup, any shop can start accepting crypto with almost no hassle. It also works with over 325 crypto wallets. This allows users to transfer funds from almost any wallet they use. Transactions can be carried out just by scanning a QR code at checkout.  All these can allow merchants to tap into a growing group of crypto users. They can also get their payments quickly, and avoid long settlement times. How SpacePay Compares to Stellar (XLM) Stellar (XLM) focuses on making international money transfers faster and cheaper. Its native token, Lumens (XLM), helps move value across borders without needing slow and expensive banks. Stellar has done a lot to improve global payments. Transactions are fast and the fees are low. But it mainly focuses on cross-border transfers and financial access for underserved areas. SpacePay, on the other hand, wants to make crypto payments part of your daily…

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Filed under: News - @ May 13, 2025 8:32 am