Boxing Champion Oleksandr Usyk's Ready to Fight Platform Launches Crypto Payment Solution
November 20th, 2024 7:00 AM
By: Newsworthy Staff
World boxing champion Oleksandr Usyk's social platform Ready to Fight partners with Kauri Finance WEB3 Bank to introduce Ready to Pay, a revolutionary crypto payment solution integrated with Telegram messenger. This collaboration aims to modernize boxing and simplify financial transactions for athletes and users worldwide.

In a significant move that could reshape financial transactions in the sports world and beyond, Ready to Fight, the social network founded by world boxing champion Oleksandr Usyk, has joined forces with Kauri Finance WEB3 Bank to launch Ready to Pay, an innovative crypto payment solution. This partnership marks a pivotal step in bridging the gap between traditional finance and the burgeoning world of cryptocurrencies, potentially impacting millions of athletes and users globally.
Ready to Pay offers a seamless integration of cryptocurrency transactions into everyday life through a Telegram-based platform. Users can open a crypto card directly within the popular messaging app, eliminating the need for multiple bank cards or complex mobile applications. This streamlined approach to financial management could revolutionize how athletes and sports enthusiasts handle their finances, offering a level of convenience and accessibility previously unseen in the industry.
Oleksandr Usyk, commenting on the initiative, emphasized the need for modernization in boxing: "Now, it needs to modernize, adopting new management approaches and transparent business models. The sport also requires new technologies to enhance collaboration among the various stakeholders in the boxing ecosystem." This statement underscores the potential of Ready to Pay to not only simplify financial transactions but also to foster greater transparency and collaboration within the boxing community.
The collaboration leverages Kauri Finance's expertise in Web3 banking solutions, bringing to the table a unique perspective on digital finance. Oleksiy Pavlov, CEO of Kauri Finance, highlighted the product's mission: "Our mission is to make financial management super simple and weightless. Ready to Pay is a convenient way to enter the world of cryptocurrencies." This approach could demystify crypto transactions for many, potentially accelerating the adoption of digital currencies in everyday life.
Ready to Pay boasts several key features that set it apart in the financial technology landscape. Users can easily register and create a free card via Telegram, receive and store cryptocurrencies, and use them for payments worldwide. The integration with Mastercard's debit card processing system, along with support for Apple Pay and Google Pay, ensures wide acceptance and ease of use. Perhaps most notably, the instant exchange of cryptocurrencies into fiat money during purchases eliminates a significant barrier to crypto adoption in daily transactions.
The implications of this partnership extend far beyond the boxing ring. By creating a user-friendly interface for crypto transactions, Ready to Pay could serve as a model for other sports and industries looking to modernize their financial systems. It addresses the growing demand for more flexible, global payment solutions that can keep pace with the increasingly digital and mobile nature of modern commerce.
Moreover, this initiative aligns with the broader trend of Web3 technologies reshaping traditional industries. The integration of blockchain-based solutions in sports finance could pave the way for more transparent, efficient, and secure financial ecosystems across various sectors. As athletes and fans become more comfortable with crypto transactions, it could lead to new revenue streams and business models within the sports industry.
The launch of Ready to Pay represents a significant step towards the mainstream adoption of cryptocurrency in everyday transactions. By combining the reach of a popular messaging platform with the innovation of Web3 banking, Ready to Fight and Kauri Finance are positioning themselves at the forefront of a financial revolution in sports and beyond. As this technology evolves, it will be crucial to monitor its impact on financial inclusivity, transaction speeds, and the overall landscape of digital payments in the global sports community.
Source Statement
This news article relied primarily on a press release disributed by BlockchainWire. You can read the source press release here,
