TON Foundation partners with OSL’s Banxa to expand stablecoin payment infrastructure for Asia-Pacific merchants

The TON Foundation has officially announced a strategic partnership with Banxa, a leading crypto-to-fiat infrastructure provider and subsidiary of OSL Group, to accelerate the expansion of stablecoin payment infrastructure across the Asia-Pacific (APAC) region. This collaboration focuses on integrating TON’s ecosystem with Banxa’s global payment rails, enabling merchants to seamlessly accept and process stablecoins, particularly USDT on the TON blockchain. By combining TON’s scalable network with Banxa’s compliant fiat on-and-off ramp solutions and OSL’s institutional-grade digital asset platform, the partnership aims to lower barriers to entry for traditional businesses. This initiative is a significant step toward mass adoption of Web3 technologies in APAC, providing merchants with more efficient, lower-cost alternatives to traditional payment systems while enhancing financial connectivity across regional markets.

Source: TON Foundation partners with OSL’s Banxa to expand stablecoin payment infrastructure for Asia-Pacific merchants