News

FUSE Network CEO talks about a decentralized network for everyone

John Williams

Nov 27, 2020 — 1 min read

This article is for informational purposes only and does not constitute investment advice. Always do your own research (DYOR) before making any financial decisions.

In a recent interview with AltcoinBuzz, FUSE network CEO Mark Smagon shared his thoughts on the DeFi industry and also talked about the vision of FUSE. While cryptocurrency becomes a powerful innovation that no one can’t ignore, Mark highlighted, compared to crypto, the mobile payment is a stronger trend, particularly with the increase in consumer demand and the bloom of smartphones.

The FUSE network will be a DeFi version of Stripe designed not only for crypto users but also those who aren’t familiar with crypto. Mark also pointed out the importance of having a crypto infrastructure that anyone can easily follow and his network aims to expand to non-developers or mainstream audiences.

According to Mark, VISA, Square, Stripe and even PayPal are the company’s biggest competitors but the CEO believed that the unique business model which is associated with non-custodial technology, and the competitive transaction fee at $0.01 will make the firm an equivalent gamer in the market. FUSE network is focused on mobile asset services like recurring payment or credit insurance, with chargeback reduction.

Mark stated:

“The future is definitely for open source financial services because there’s no reason that the payment space would be so fragmented.”

The CEO also revealed the company’s next plan with cash terminals in Spain, music festivals in Thailand and a stablecoin project in Peru, targeting 1000 million transactions and 1000 communities in 2 years.

The Arrival of the StarMatrix Era: How Newstar Reconstructs the Global Investment Landscape with Systemic Intelligence

Ⅰ. The Call of Long-Termism: Why Newstar Becomes the New Paradigm Amid increasing global market volatility, rising geopolitical uncertainty, and frequent failures of traditional models, leading global asset management institutions have emphasized: * The rise of systemic risk * Strengthened cross-market structural correlations * Tail events becoming the norm rather than the exception * Transparent

Trump BRICS Bot Becomes the Breakout Success of India Blockchain Week 2025 Over 1,200 Registrations in Under 48 Hour

Bengaluru, India — IBW 2025 Among the dozens of innovations showcased at India Blockchain Week, one project captured an extraordinary level of attention and curiosity: Trump BRICS Bot, the all-in-one crypto super-application integrated directly inside Telegram. While major exchanges, tech giants and blockchain platforms were unveiling new features, the crowds kept

Clear Street Plans $10 Billion IPO as Bitcoin Treasury Strategy Faces Market Pressure

Clear Street, a New York brokerage firm, is preparing for an initial public offering with an expected valuation between $10 billion and $12 billion, according to Cointelegraph. The IPO could launch as early as January 2026, with Goldman Sachs serving as the lead underwriter. Founded in 2018, Clear Street rose

The New Digital Gold Rush: How SJMine Turns Blockchain Innovation into Steady Investment Growth

The Rise of a Smarter Digital Investment Era The financial environment is experiencing a significant change. The conventional investments are being replaced with blockchain-based investment opportunities, which are well-secured, transparent, and deliver predictable returns. Among the rapidly developing space, SJMine can be discussed as one of the next-generation platforms that

Read more

The Arrival of the StarMatrix Era: How Newstar Reconstructs the Global Investment Landscape with Systemic Intelligence

Trump BRICS Bot Becomes the Breakout Success of India Blockchain Week 2025 Over 1,200 Registrations in Under 48 Hour

Clear Street Plans $10 Billion IPO as Bitcoin Treasury Strategy Faces Market Pressure

The New Digital Gold Rush: How SJMine Turns Blockchain Innovation into Steady Investment Growth