BTCPay Server Foundation receives a $25,000 grant in bitcoin from the bank

Today is, BTCPay Server Foundation received a $25,000 grant paid directly in bitcoins Bank withdrawalAccording to a press release sent to Bitcoin Magazine, the cash-oriented Bitcoin exchange. The grant will be paid to contributors working on new feature development, open source payment innovation, and maintenance of BTCPay’s server Greenfield APIs and code base.

“The bank’s support is a testament to the recognition of open source payment solutions in the Bitcoin ecosystem,” said BTCPay Server, a major contributor. R0ckstar Dev. “This grant will help us in our efforts to increase the capacity and reach of the BTCPay Server.”

Unbank, which has become the leading bitcoin ATM network with over 830 ATMs and over 30,000 partner locations, also uses the BTCPay server to process bitcoin sales transactions in their app.

“We like to use BTCPay Server in our operations”, Emilio Pagan-Yourno, CEO and COO of Unbank. “When customers buy Bitcoin from our ATMs, we rely on their API to aggregate and stream transactions every 15 minutes. Supporting the BTCPay server is not only important to our business — it’s an honor to contribute to the FOSS ecosystem that enables financial freedom.”

Last summer, BTCPay filmed and released A documentary about the use of bitcoin as a medium of exchange at the world’s largest Bitcoin conference in Nashville. BTCPay partnered with Jack Maller’s company Strike to allow every vendor at the conference to accept bitcoin as payment.