Mercuryo CEO: Crypto Is the Future of Payments

Mercuryo CEO- Crypto Payments Go Mainstream

Mercuryo CEO– In a recent interview with Cointelegraph, Petr Kozyakov, CEO of crypto payments platform Mercuryo, shared his vision of a future where cryptocurrency and fiat currency operate side by side. He emphasized that digital assets aren’t expected to fully replace traditional money, but will be used where they offer more convenience.

We don’t think crypto will replace fiat, They will coexist, and people will turn to crypto when it’s the easier, more practical option, whether that’s for payroll, yield or money transfers.

Crypto Payrolls Are Gaining Global Momentum

Petr Kozyakov noted a growing trend of companies using cryptocurrencies to pay both full-time and gig workers. What was once a novelty is now becoming a standard in global employment practices.

I see a lot of businesses that are starting to settle with their full-time employees and with their gig employees all over the world, in crypto.

As this trend grows, so does the need for practical use cases. Employees who earn crypto are increasingly looking for ways to spend it in everyday life—from buying coffee to paying utility bills.

Making Crypto Spending Easier for Everyday Use

Petr Kozyakov highlighted that crypto’s real power lies not just in investment, but as a tool for moving and storing money. However, spending it often involves complicated steps, like transferring to exchanges or bank accounts.

To address this, Mercuryo has partnered with hardware wallet company Ledger to launch a crypto payment card. This card allows users to spend their crypto wherever Mastercard is accepted, removing barriers to practical usage.

Crypto is not only an asset; it’s the perfect rail to move money and store money, And it is essential to be able to spend it.

This kind of seamless integration, he believes, is the key to broader adoption and making crypto a real alternative for daily transactions.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.