Colossus Aims to Replace Traditional Payment Giants with KYC-Less Crypto Cards on Ethereum Layer-2

Colossus Aims to Replace Traditional Payment Giants with KYC-Less Crypto Cards on Ethereum Layer-2

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Colossus, a new firm, is embarking on a mission to disrupt established payment networks like Visa and Mastercard by introducing crypto cards that operate without Know Your Customer (KYC) requirements, leveraging an Ethereum layer-2 solution.

With a “box of goodies” and a team of four, the firm is trying to replace payment incumbents with an Ethereum layer-2