Kado Makes Fiat → L2 Tokens Easy

Mark Murdock
LI.FI Blog
Published in
3 min readFeb 7, 2023

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Welcome to the future. Your fiat can now be used to directly purchase L2 tokens. No bridging. No swapping. One transaction. And it’s all thanks to Kado.

LI.FI x Kado

Kado, a web3 payment infrastructure provider, has integrated LI.FI into its on-ramping solution and will soon launch its on-boarding services on three Ethereum L2s, starting with Arbitrum! This unlocks a whole new world for users, as their fiat will suddenly have the purchasing power to buy USDC and ETH (with more to come soon) on Arbitrum, Optimism, and Polygon.

This is a complete overhaul of the onboarding experience for Ethereum L2s. Crypto users no longer have to think about bridging or swapping assets when attempting to leave mainnet for a new chain. Instead, they can simply connect their bank account to Kado, purchase the token they need, and start exploring!

What Is Kado?

Kado is a leading web3 payments solution. They specialize in helping users convert fiat directly to crypto using a variety of methods (including LI.FI!).

The Kado experience is super smooth and includes low fees, lightning-fast transactions, global coverage, and, of course, the ability for customers to on-ramp directly to smart contracts, eliminating the need for multiple transactions.

What is LI.FI?

LI.FI is a liquidity router for EVM chains capable of finding the best route to move any asset on any chain, to another asset on another chain. Our product is available as an SDK, widget, or API and supports token transfers across 13 bridges on 15+ EVM-compatible chains, along with all DEX aggregators & DEXs on those chains.

Essentially, LI.FI is the ultimate cross-chain money lego for businesses to build cross-chain use cases on top of.

For some examples of how LI.FI works, check out:

Conclusion

In the past, we have been used exclusively by DeFi protocols. For example, MetaMask Bridges puts 90% of its volume through LI.FI via our API. Additionally, dApps like Alchemix, DeFi Saver, and Superfluid use our SDK/widget to allow users to bridge and swap directly on their front ends.

Kado is the first “traditional” company to make use of LI.FI and we are super excited to see it in action.

To test out Kado, sign up today by visiting their…

Get Started With LI.FI Today

For more information about the LI.FI protocol,

Disclaimer: This article is only meant for informational purposes. The projects mentioned in the article are our partners, but we encourage you to do your due diligence before using or buying tokens of any protocol mentioned. This is not financial advice.

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