Chimpion is an all in one ecommerce, point of sale, digital wallet with crypto to fiat settlement system. Chimpion’s is launching e-commerce storefronts that allow merchants to accept cryptocurrency payments, choosing their favorite altcoin as the base currency denomination and allowing the merchant to settle their crypto into fiat through a stablecoin.
Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS). BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD.