Public Mint cooperates with Celsius as a CEFI provider for the Earn app

Public Mint cooperates with Celsius as a CEFI provider for the Earn app

[press release - San Francisco, California, 5th October 2021]

Public mint , the provider of an Ethereum-compatible fiat native blockchain and payment infrastructure that is aimed at, the gap between fit and Clrying crypto has. Tied together Celsius , the leading platform for lending and the achievement of returns on cryptocurrencies. Cooperation will include a deep Integration between Celsius and the Public Mint Earn platform, an all-in-one-one-fintech solution that is designed to bring high yields to the masses at crypto level.

Public MINT was developed to close the gap between traditional and crypto economies and to bring the advantages of the blockchain into the Fiat area. The EARN program is the first app that runs on the network. It combines the lucrative chances of return through decentralized financing (Defi) and the renowned CEFI providers, of whom Celsius is a pioneer and one of the world's leading providers. The solution then packs the complex landscape of several protocols in a familiar platform that users who may not be familiar with cryptocurrencies that offer the highest earnings.

Kernpiece of the EARN program is USD+, a liquid profitable synthetic currency that can be redeemed against USD, is considered a return and freely traded over the public mint blockchain. The instrument is accessible to both Fiat USD and Ethereum users via the Bridge of Public Mint via USDC, the leading regulated stable coin. The partnership with Celsius is the key step for a successful implementation of the EARN platform, which enables Public MINT to make its promise of a simple and safe return come true.

"We feel honored to work with Celsius to bring the unused crypto yields to the masses," said Jorge Pereira, co-founder and CTO of Public Mint. "In our presentations, we chose Celsius as an example of an important loan partner for Earn because we always believed that Celsius is the most respected and successful provider of crypto loans. To transform this example into a real partnership, makes me incredibly looking forward to the future of public mint."

Celsius is a pioneer in the area of ​​crypto loan allocation and one of the first to really urge the democratization of this new financial system. Over the years, they have shown their resistance and have built up a solid call for fairness and openness-not to mention some of the best returns in the CEFI area. This partnership consolidates our common vision for a more accessible and more transparent economy from which everyone benefits.

"We are happy to work with public mint to promote the promise of blockchain-based financing," said Camilla Churcher, Head of Business Development at Celsius. "The old financial system is a relic of a past era, and the reconstruction on a blockchain infrastructure is the mission of our two companies."

The EARN solution is integrated into the public MINT app, which is currently available on the web and shortly on Android and iOS. For users of Public MINT, EARN will look as much as any other traditional fintech app, since they do not introduce any industry-specific terms. Public Mint is completely blockchain-based in the backend and uses the technology to offer seamless and immediate payments as well as incredibly lucrative earnings options.

about Public Mint

Public MINT is an open and complete blockchain platform for Fiat money, in which funds are fully secured and deposited with regulated, FDIC-insured institutes. Public Mint offers an open, fiat native blockchain and APIs that are ready for everyone to create fiat-based applications and accept credit cards, oh, transfers, stable coins and more. In addition, the Public Mint Earn platform offers users automated and diversified returns on USD systems and uses the power of blockchain and defi.

about Celsius

Celsius helps hundreds of thousands of consumers worldwide to find their way into financial independence, through service for compound interest and inexpensive instant loans that are accessible via a web and mobile app. Based on the conviction that financial services should only do what is in the best interest of customers and the community, Celsius is a block chain -based free platform on which membership offers access to curated financial services that are not available through traditional financial institutions.