Over the past couple of weeks, we have talked about Pica wallet as well as it features, from stable swap to fiat/Offramp payment processing.
Our last update was timeline base stating that pica wallet launch was around the corner and it seems the team is pushing this narrative to actualization going by the recent announcement which read,
It has entered the internal testing phase and will connect with the first partner institution in March to officially launch stablecoin-fiat off-ramp cooperation. PlatON
Going with the above, testing phase is one option that should never be looked past, it creates room to detect security exploit(if any), update interface if the team sees a need for, ensure all back ends are properly working and in perfect condition. This phase ensure that when a product is release there will be no need for urgent or temporary shut down due to one or more missing factors.
Pica wallet is coming and this will change how we interact with wallet from not just storing/holding of stablecoins to actual usecase via its Offramp payment system, meaning you will be able to pay or gift stables to fiat directly, it's like an all in one app, no need for multiple devices or multiple apps, simply connect and pay, it will be that easy.
With a timeline set for March, what are your expectations for pica wallet? Do leave a comment or two and I will be sure to reply soonest.