The BTCPay Server Foundation has received a generous $25,000 grant in bitcoin from Unbank, a prominent cash-focused Bitcoin exchange. This grant is intended to support the ongoing development of new features, open-source payment innovation, and maintenance of BTCPay Server’s Greenfield APIs and codebase.
R0ckstar Dev, a core contributor to BTCPay Server, expressed gratitude for Unbank’s support, highlighting the growing importance of open-source payment solutions in the Bitcoin ecosystem. The grant will enable BTCPay Server to enhance its capabilities and expand its reach within the community.
Unbank, known for its extensive network of over 830 bitcoin ATMs and 30,000 partner locations, relies on BTCPay Server to process bitcoin sell transactions within its app. Emilio Pagan-Yourno, CEO and COO of Unbank, emphasized the vital role that BTCPay Server plays in their operations, stating that supporting the platform is not only essential for their business but also a privilege to contribute to the FOSS ecosystem that promotes financial freedom.
BTCPay Server made headlines last summer with the release of a documentary showcasing the use of bitcoin as a medium of exchange at a major Bitcoin conference in Nashville. Through a partnership with Jack Maller’s company Strike, BTCPay enabled all vendors at the conference to accept bitcoin payments seamlessly.
The collaboration between BTCPay Server and Unbank underscores the growing importance of open-source payment solutions in the Bitcoin ecosystem. With the support of grants like the one provided by Unbank, BTCPay Server continues to innovate and empower individuals and businesses to transact in bitcoin with ease.