Crypto.com Chain and its CRO token serve as cryptocurrency-based solutions for payments. Their goal is to facilitate the global transition to digital currencies by enabling cross-asset settlement and enhancing interoperability between cryptocurrencies and traditional fiat payments. The CRO token is intended to enable users to conduct cryptocurrency transactions with a wide range of merchants around the world. The team aims to establish CRO as an intermediary currency that simplifies conversions between cryptocurrencies and fiat currencies at lower costs. WCRO is a wrapped version of the CRO token based on ERC-20 standards.
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