Transak integrates Monad at mainnet launch, enabling global access to MON

In brief: Transak has integrated with Monad at its mainnet launch, providing global access to MON using familiar payment methods and supporting rapid DeFi adoption and developer activity.

Transak, a leading provider of payment infrastructure for stablecoins and cryptocurrencies, has announced its integration with Monad, a high-performance Layer 1 blockchain compatible with the EVM. The integration provides support for Monad's native token, MON, allowing users to easily access on-ramps and off-ramps using familiar payment methods such as credit cards, bank transfers, and local rails across different countries. This enables applications built on Monad to efficiently onboard users from day one using Transak’s infrastructure.

Monad is a newly launched Layer 1 blockchain that combines full Ethereum Virtual Machine (EVM) compatibility, speeds of over 10,000 transactions per second, and sub-second finality. Its mainnet launch has been highly anticipated by the community due to its potential to scale decentralized finance, gaming, and high-frequency applications without relying on Layer 2 solutions.

Following Monad’s mainnet launch on November 24, MON saw significant early activity, with trading beginning on major exchanges amid strong market interest.

"Integrating Monad at launch will allow us to provide accessible entry points to one of the most innovative blockchains in the industry," said Jack Bushell, Head of Sales at Transak, in a written statement. "We’re excited to make MON available to our global user base from day one," he added.

Monad Mainnet drives active developer engagement and rapid user adoption

The Monad ecosystem is experiencing rapid growth: in the first 24 hours after mainnet launch, over $120 million in stablecoins was received, reflecting active DeFi adoption and increasing developer engagement.

For new users, widespread participation depends on clear and accessible pathways connecting traditional finance with blockchain networks. As a key bridge for over 10 million users and integrated with more than 450 blockchain applications and wallets, Transak streamlines this process. From the outset, MON can be bought and sold using familiar payment methods, providing a seamless onboarding process without requiring users to interact with complex cryptocurrency exchanges.

"Integrations like this with Transak are crucial for making Monad and MON accessible via traditional payment systems," said Harry Elford, Business Development Specialist at Monad Foundation, in a written statement. "This lowers barriers and brings more participants into the Monad ecosystem," he added.