Travala integrates Solana and allows booking via SOL, USDT and USDC
Travala has integrated Solana, which allows hotel and flight bookings in SOL, USDT and USDC for users to enjoy zero-fee transactions and direct deposits and withdrawals for supported tokens.
Travala, a pioneering cryptocurrency-based travel agency, has made significant progress by integrating the Solana blockchain into its platform.
The partnership was announced by Travala CEO Juan Otero at the Solana Breakpoint conference in Singapore on September 21.
CEO @joterovila @travalacom announces support for Solana at Breakpoint!
You can now pay and book flights and accommodation on Solana Rail with Travala using stablecoins like USDC and USDT. pic.twitter.com/TedqElKNVC
— Solana (@solana) September 21, 2024
The announcement was met with excitement from the crypto community, as many see it as a step toward a more integrated and user-friendly travel experience.
Travala users can book flights and hotels using Solana native tokens.
The merger opens up new opportunities for travelers, allowing them to book hotels and flights using Solana's native token, SOL, and major stablecoins such as Tether (USDT) and USD Coin (USDC).
Solana's integration marks a strategic move for Travala, which has been long overdue for accepting cryptocurrency payments in the travel sector. With this update, users can now enjoy zero-fee transactions while booking travel services.
Additionally, Travala enables direct deposit and withdrawal of supported tokens, streamlining the booking process and making it more efficient for crypto enthusiasts.
Solana, known for high-speed transactions and low fees compared to its competitor Ethereum, offers a strong infrastructure for decentralized applications and smart contracts. This integration aligns well with Travala's commitment to enhancing the user experience and leveraging blockchain technology for seamless transactions.
SOL plans to introduce travel awards
Solana's growing popularity as a layer-1 blockchain further highlights its potential in the crypto landscape.
In the near future, Travala plans to introduce SOL Travel Rewards, which will add an additional incentive for users to use cryptocurrency for their travel bookings.
Moreover, this development coincides with Coinbase's announcement to bring its bundled Bitcoin asset, cbBTC, to the Solana network, further strengthening Solana's role in the evolving cryptocurrency ecosystem.
As more companies embrace blockchain technology, the intersection of travel and crypto promises to open up exciting opportunities for travelers and investors alike.
