Swapper Launches Direct Deposits with Chainlink, Mastercard

Revolutionizing DeFi Onboarding

Built in collaboration with Mastercard and Chainlink, Swapper Finance has introduced a new feature that bridges traditional payments with decentralized finance. This innovative feature brings payment flows directly into the DeFi ecosystem, offering a seamless experience for users.

By combining Mastercard’s trusted global network with the secure Chainlink Runtime Environment, users can now move money from fiat wallets directly into DeFi protocols. They can also transfer funds from crypto wallets within the same unified process, all happening through a single, streamlined flow.

Simplifying Onboarding With CRE-Powered Orchestration

For years, accessing DeFi has been a complex process. Users typically had to navigate separate systems for identity verification, compliance checks, card payments, fiat conversion, settlement, and liquidity routing. Each step often resided on a different platform, leading to friction, extended onboarding times, and frequent user drop-offs. Swapper Finance addresses this challenge by replacing these fragmented flows with a single, secure orchestration layer powered by Chainlink’s Runtime Environment. Every stage of the process, from verifying identity to converting currency and settling into DeFi protocols, now occurs onchain in a verifiable and transparent manner.

Roman Tirone, Senior Manager at Chainlink Labs, explained the significance of this development: “Direct Deposits unify identity, compliance, token swaps, and settlement in a single workflow, making it possible to onboard billions of cardholders into the onchain economy.” The outcome is a rapid and familiar experience for users. Individuals can transition from traditional finance to DeFi in mere seconds while benefiting from institutional-grade security and Mastercard’s extensive global reach.

The launch has already garnered significant adoption from various Web3 platforms. Partners such as XSwap, Pulsar Money, PI Squared, Stake.link, and others have integrated Direct Deposits from day one. Grigore Rosu, CEO of Pi Squared, commented on the impact: “Onboarding has long been DeFi’s biggest pain point. Now users can start with a card-based flow and land instantly on our network.” This strategy aligns with a broader trend in the cryptocurrency space, where familiar payment experiences are becoming crucial for achieving mainstream adoption.

TMX Datalinx Brings Canadian Market Data Onchain

In a significant development for data accessibility, TMX Datalinx, the information services division of TMX Group—Canada's largest exchange group—is making its data available onchain for the first time through Chainlink. This initiative ensures that exchange data from over 1,600 companies listed on the TSX Venture Exchange is now accessible across more than 40 blockchain networks.

By providing verified, real-time market information directly onchain, TMX Datalinx empowers developers, DeFi platforms, and institutional users to seamlessly integrate Canadian market data into their smart contracts and decentralized applications. This integration opens up new avenues for trading, advanced analytics, and the development of automated financial services.

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