Cryptocurrency-friendly travel reservation platform Travala has announced its integration with Solana $216 Blockchain. This integration allows users to make flight and accommodation bookings using SOL, USDT, and USDC.
Insights from Travala’s CEO
Travala’s CEO, Juan Otero, revealed this news during Solana’s Breakpoint event held in Singapore. He emphasized that Solana’s scalability and low transaction fees make it ideal for the company.
Otero stated, “The Solana network has become one of the most utilized blockchains thanks to its cost-effectiveness and scalability. The technologies available on the Solana network offer significant opportunities to build the next phase of travel.”
New Opportunities in the Rewards Program
With this integration, Travala’s loyalty program will also be expanded. Users will receive a cashback of up to 10% in SOL, BTC, and Travala’s native AVA coin with every booking. Additionally, users can deposit and withdraw SOL, USDT, or USDC into their Travala accounts without incurring transaction fees.
AVA coin will also become usable on the Solana network, allowing AVA coins that are currently on Ethereum $3,193 and BNB Chain to be transferred to Solana.
Skyscanner Partnership and Cryptocurrency Payments
Recently, Travala established a partnership with the travel marketplace Skyscanner. This integration enables users to book flights with over 100 cryptocurrencies. This move is viewed as part of the company’s goal to expand travel services using cryptocurrency.
Founded in 2017, Travala is a leading platform in the industry, combining blockchain and cryptocurrencies with travel and accommodation services. It offers booking options at more than 2.2 million properties worldwide.
The Breakpoint event also featured significant announcements from other leading DeFi projects in the sector, including plans from Franklin Templeton and Citigroup to integrate with Solana Blockchain.
Travala’s integration with Solana significantly contributes to the company’s goal of popularizing cryptocurrency in the travel sector. Reduced transaction costs and the potential for faster transactions encourage the use of cryptocurrencies for travel bookings.