Terra vs Wirex Token vs Request Network
What problem does this service solve?
Terra's goal is to make it easier to integrate Crypto payments with existing banking systems. | Wirex aims to make it easier to use digital assets. | Request is building a blockchain-based payments network, similar to Paypal, that will allow anyone to request a payment without a third parties or fees. |
Token Stats
Company Description
The Terra blockchain is used to record transactions for its price-stable cryptocurrency. Terra is a South Korean company that is focused on leveraging blockchain to facilitate stablecoin payments for a variety of decentralized apps in Asia. The company has partnered with payment gateways such as CHAI and Meme Pay, to enable users to send blockchain-based payments with direct banking integrations, allowing anyone with a local bank account to instantly send stablecoin payments that are pegged 1:1 with their local currencies. | Wirex is developing a payments system that will be powered by its native Wirex token. The Wirex payment ecosystem includes an App that allows users to save and spend a variety of fiat and digital currencies. Wirex also plans to release a Crypto debit card that will allow users to spend their digital assets more easily. | The Request Network is developing a decentralized payment network. Their goal is to enable easily implemented payment requests on the blockchain. The company wants to create a network that will have many of the invoicing and auditing functionalities of Paypal, and will allow anyone, anywhere to request a payment. Request wants to leverage the ability of blockchain to eliminate third parties in online payments. Their network is meant to be compatible with other systems and to allow a large degree of integration and compliance across platforms and countries. |