Transak, a leading fiat-to-crypto payment infrastructure provider, has directly integrated its fiat rails with the MegaETH Layer 2 network. This integration, which is already live, enables over 10 million users worldwide to purchase Ethereum (ETH) natively on the MegaETH platform in seconds. Users can leverage familiar payment methods including credit/debit cards, Apple Pay, Google Pay, SEPA, and numerous local options, eliminating the need to bridge tokens, open a centralized exchange account, or hold crypto beforehand.
The partnership is strategically timed, following the recent opening of MegaETH's Frontier mainnet to developers and preceding its broader public "OMEGA" phase rollout. MegaETH is designed as a high-performance Ethereum scaling solution, touting throughput capabilities of over 100,000 transactions per second with sub-millisecond latency, targeting real-time use cases like DeFi trading, on-chain gaming, and streaming payments.
Jack Bushell, Director of Sales at Transak, emphasized the focus on user experience: "This integration is about removing friction at the exact moment users want to get started. MegaETH has built Ethereum performance that finally matches real world expectations. With Transak, users can jump straight into that experience using the payment methods they already trust, no setup, no complexity, no detours."
Shuyao Kong, Co-Founder of MegaLabs, highlighted the adoption goal: "MegaETH was created to bring Ethereum to the masses at speeds people expect from the modern internet. Transak’s global reach and instant fiat experience is exactly the kind of infrastructure we need to turn that vision into reality for everyday users."
Transak also confirmed that support for popular stablecoins on MegaETH is coming soon, which is expected to deepen on-chain liquidity for payments and DeFi activity. Transak's platform, integrated into over 450 applications, facilitates fiat-to-crypto conversions globally via its compliance-ready rails.
Separately, the MegaETH mainnet launch itself establishes a new high-speed Layer 2 network capable of processing up to 50,000 transactions per second with a 10-millisecond block time. The network completed a testnet phase handling over 500 million simulated transactions and maintains security by settling data back to the Ethereum mainnet. Future roadmap items include security audits in Q2 2025 and the planned release of a decentralized sequencer in the second half of 2025.
