UMA is open source, global, and enables anyone to send and receive money 24/7 in any fiat or cryptocurrency using their favorite wallet, exchange, or bank.
Introducing Flexa Components
A suite of mobile-first tools designed to simplify direct wallet payments with digital assets.
Let's dive into the details:
An open-source protocol needs an open-source design. That's why we're excited to share the UMA Design Resources Library on Figma. It contains free components and example flows to help you create a best-in-class UMA experience for your users.
Sending money internationally is a headache. With long numerical codes and unique bank details to use in each country, it’s easy to get lost in the details. With UMA, sending money abroad is as easy as sending an email. To learn more, visit us here:
Universal Money Addresses (UMAs) enable anyone worldwide to send and receive any fiat or cryptocurrency 24/7 with near real-time settlement at a very low cost.
Exciting News!
@xapobankapp
and
@RipioApp
have implemented the
@umastandard
! Xapo users in 44 countries can now instantly send payments to Ripio users (in Argentina and Brazil) anytime, 24/7, via the Lightning Network. This breakthrough integration also enables seamless Bitcoin
Meet Jeremy, one of the engineers behind Universal Money Addresses. In this quick, five-minute video, he’ll walk you through how the open-source UMA protocol works—simply, and seamlessly:
We sat down with Wei Zhou, CEO of
@coinsph
, a leading crypto brand in the Philippines with over 16M users who can now receive BTC with
@umastandard
. We discussed his thoughts on their decision to adopt UMA, what’s wrong with payments today, and why he thinks UMA can solve them.
UMAs are like email addresses for money. QR codes or lengthy alphanumeric codes are no longer needed to send payments.
UMA is open source and available for all developers, businesses, and individuals. It enables payments between any wallet, exchange, or bank that supports it.
From reduced fees to near-instant transfers, UMA is simplifying how you send money to and from the Philippines🌐💸
To learn more, check out the rest of our blog post:
With Universal Money Addresses, global workers can benefit from a payment network that’s interoperable across borders, easy to use, and low-cost––potentially saving you thousands per year. Visit us here to learn more:
The UMA standard is hosted on GitHub; everyone can access, read, and implement it. All you need is a Lightning node and web domain to participate! The team is also available on Discord to answer questions, discuss improvements, and more. Join us:
UMA is currently available in over 45 countries. Support will expand to more countries and regions as more wallets, exchanges, and banks adopt UMA. Visit us here to see more answers to frequently asked questions:
So how does it work?
UMA extends LNURL by adding FX and compliance messaging features.
Fast transactions with low fees - Bitcoin’s global liquidity profile combined with the capabilities of Lightning enable people worldwide to send and receive money at low cost.
Sending money to Argentina? Discover how UMA simplifies international transfers, making it easier and more efficient than ever. Learn how to set up your Universal Money Address and send funds seamlessly.
Read more: