Vanar, an L1 blockchain known for low cost and high speed, has joined forces with WorldPay to develop high-speed and low-cost transaction solutions. WorldPay handles annual transaction volumes of over $2.3 trillion. The integration aims to combine two major modern technologies, AI and blockchain, to improve Web3 financial services and proposes new possibilities in the field of digital payments and DeFi.
The transactions carried out by WorldPay which exceeds 50 billion annually facilitate card-to-crypto transactions for major crypto exchanges. The collaboration between Vanar and the company aims to enhance their blockchain services through the joint development of financial solutions that combine traditional finance (TradFi) and decentralized finance.
Key Innovations in AI-Driven PayFi and Web3 Payments
Through this strategic collaboration, both entities aim to create AI-enabled financial solutions referred to as PayFi which enhances efficiency levels and accessibility features for Web3 transactions. The integration consists of artificial intelligence agents for payments together with upgraded Web3 platforms and easy DeFi functionalities.
Some of the most anticipated products from this partnership include stablecoin and fiat on/off ramps which will enable the conversion between the digital and the real currencies. Moreover, the enhancement of agentic finance through the incorporation of AI is expected to enhance payment processing, risk determination, as well as safeguard against fraud in real-time transactions.
$VANRY Fuel the Next Generation of Payments
The financial ecosystem of Vanar relies on $VANRY as its native token which acts as the main transaction medium throughout its network. $VANRY operates through a design that supports scalability together with a standard $0.0005 transaction fee which creates both fast settlements and economical payment processes. The system provides a practical approach that institutions can accept for global digital payment implementations.
The partnership demonstrates Vanar’s dedication to sustainability because its blockchain runs on Google’s environmentally friendly power infrastructure. Through WorldPay’s wide network in omni-commerce payments and its new AI financial solutions, the partnership aims to expand accessibility to AI finance options. Future developments such as project launches alongside an upcoming AMA session will offer additional information about the partnership’s future direction and implementation plans.
