By ET Bureau - August 23, 2019 2 Mins Read
MEDSiS International announced a new strategic partnership that would bring their “Maxwell” stablecoin into the US and European markets. This new partnership with Ternio, a US-based Blockchain, and payments company, would add a third (and eventual fourth) currency to the Maxwell suite and close the loop on their Phase 1 planning of bringing in a major currency as a backstop. This comes on the heels of MEDSiS’ announcements with WTIA, Argentina, and Brazil for the Q3 and Q4 2019 plans for Maxwell.
“Though we’ve been focused on Argentina and Brazil, our goal was always to have a partnership with the US and launch with the dollar. Ternio is the partner we’ve been searching for,” comments Joshua Dax Cabrera, CEO of MEDSiS.
The agreement between MEDSiS and Ternio will allow customers to download MEDSiS’ mobile wallet, “Control,” and register for either a virtual or physical payment card within the continental US. Though this is not uncommon in the marketplace, Ternio’s experience with their BlockCard product and MEDSiS’ addition of the Maxwell and tens of millions of foreign customers under contract create an ecosystem unlike anything available today. What is more, with Ternio’s upcoming entrance into the EU/EEA, MEDSiS will soon be available to customers in more than 34 countries globally.
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