UTRUST, a cryptocurrency payment company, has signed a new partnership agreement with Payrexx, a European payment service provider. The partnership aims to help the crypto users with a user friendly crypto payments solution.

Payrexx will use UTRUST’s crypto payment solution for its European merchants. As a result, the merchants will have access to 40 million cryptocurrency holders across the globe. Payrexx’s list of customers includes brands such as Adidas, Hotelcard, Alexander Wang, Amavita and Sixt.

According to the company, the partnership will give a boost to the European crypto payment market. Ivan Schmid, the CEO of Payrexx, has said that UNTRUST’s crypto payments solution protects its users from the inherent volatility of crypto markets. He also ensured the merchants a consistent price for products and services.