ChainCatcher News, according to official sources, the TON Foundation has partnered with crypto infrastructure provider Banxa (a subsidiary of OSL Group) to offer regulated stablecoin payment infrastructure to thousands of small and medium-sized enterprises in the Asia-Pacific region.
This partnership will make TON the operational payment layer for actual commercial activities in Asia. Through OSL’s merchant and institutional network and Banxa’s payment channels, SMEs in the Asia-Pacific region can now use TON for business-to-business settlements, cross-border transactions, and consumer-to-merchant payments.
Banxa is responsible for handling conversions between local currencies and digital assets. TON’s peer-to-peer payment infrastructure has been widely used in the region, and this collaboration will extend its application to enterprise-level commercial use cases.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple Expands Its Digital Asset Solutions With Its Treasury Management System Launch - U.Today
Ripple has launched a Treasury Management System with integrated digital asset capabilities, enabling CFOs to manage both fiat and digital assets from one platform, enhancing enterprise blockchain adoption amidst rising demand for digital asset solutions.
UToday36m ago
DeFi yield protocol Saturn goes live on the mainnet, with $10 million deposited during the private testing period
The DeFi yield protocol Saturn officially launched on the mainnet on April 9. The private testing phase has ended; during this period, companies such as Flowdesk and Galaxy deposited $10 million. Its stablecoin USDat is built on M0, with partners including Galaxy, Securitize, and Clear Street. Saturn completed a $800k funding round in January.
GateNews49m ago
Polymarket closes Brahma acquisition to scale its DeFi stack
Polymarket has completed its all‑stock acquisition of DeFi startup Brahma, pulling in its smart account stack to speed execution, deepen liquidity, and defend share as prediction markets explode.
Summary
Polymarket has completed its acquisition of DeFi infrastructure startup Brahma.
Brahma's f
Cryptonews2h ago
Circle launches a CPN managed payment solution, providing stablecoin settlement services to traditional financial institutions
Circle launched the Circle Payments Network (CPN) managed payment solution on April 8 to provide stablecoin settlement services for financial institutions, simplify fiat interactions, and handle crypto operations. The first set of partners includes Thunes and Worldline, and monthly trading volume for USDC has already surpassed USDT.
GateNews3h ago
Circle Expands Stablecoin Payouts to Singapore in Asia Payments Push
Circle has launched its Stablecoin Payouts service for Singapore partners, enhancing its payment infrastructure in Asia. This service facilitates compliant cross-border transfers using USDC, aiming to streamline fund movement while addressing regulatory concerns.
CryptoNewsFlash4h ago
Monad Foundation launches a dedicated notebook subsidy program for protocol teams with TVL exceeding $2.5 million
The Monad Foundation announced that it will subsidize up to $2.5 million TVL for an agreement team to purchase dedicated signature laptop computers, to be used for multisig and critical operations. Eligible teams can apply for the subsidy, which requires completing security training and KYC. The Foundation emphasized that signature devices should be used separately from everyday computers to reduce security risks.
GateNews4h ago
