Recurring Payments Protocol.
Suberra is a payment infrastructure for Web 3.0. At Suberra, we aim to build the infrastructure required for the next generational payment systems. Whilst token transfer is an inherent feature of every blockchain, the ecosystem as a whole is still ill-suited for anything more than a simple peer-to-peer transfer. Indeed, real-world use cases for programmable payments using cryptocurrency are still early in the innovation cycle. For current web3 businesses, friction exists at almost every interaction point when a customer or business tries to pay in crypto. A customer wanting to pay in crypto for a subscription-based service will have to tediously sign and approve payments every month. This deters customers from making crypto payments, slowing down the progress of web3 businesses’ goal for greater crypto adoption. Additionally, there is a lack of suitable plug-and-play payment solutions for web3 businesses to set up crypto-based subscriptions. With the explosion in usage of Stablecoins coupled with the continued maturation of the crypto-verse, we think the time is ripe for a protocol that can solve all of the listed problems effectively. Powered by Terra, we are packaging smart contracts, optimized for smooth payment streams, with a non-custodial wallet to enable businesses and users to receive and pay in UST. UST kept in the Suberra wallet is not kept idle as it will continue to earn yields from Anchor Protocol, thereby offsetting a portion of the payments. This is but the beginning of our journey to transform the way we pay through crypto. The possibilities are endless and we look forward to updating you on the latest developments with Suberra’s payment platform!