Monerium and Camino Network Come Together to Transform On-Chain Travel Payments

In yet another move bringing crypto and blockchain into the digital mainstream, Monerium and the Camino Network have announced a strategic partnership, making digital asset payments (specifically Euro-denominated settlements) more seamless and streamlined for travelers across the world.

To elaborate, the alliance mitigates a host of bottlenecks prevalent across the multi-trillion-dollar travel industry including high fees for international payments, lengthy settlement times, and complex refund/reimbursement processes.

Camino is an L1 built for the travel industry. With a robust ecosystem of over 200 brands and 100+ validators, the network has already amassed more than $10 million in funding — all while solving critical connectivity, payment, and settlement challenges plaguing this sector.

On the other hand, Monerium is an on-chain fiat provider. As the first Electronic Money Institution authorized to issue e-money on blockchains, the company has developed EURe, the first…