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For example, if a business only accepts Dash as payment, a customer wanting to use USDC can still complete their purchase effortlessly. The backend operation allows payment in USDC, while Leo Deex automatically converts it to Dash, settling the transaction without inconvenience for the merchant or customer. In this way, businesses can broaden their customer base without taking on the complexity of managing multiple cryptocurrencies.
This innovative service is already operational, as seen in the in Leo platform, which has incorporated the Leo Merchants API. Users can now make payments using diverse cryptocurrencies while the system ultimately processes these transactions in HBD (Hive Backed Dollar), which is the designated settlement asset.