AEON, the next-generation crypto payment framework, has announced a strategic partnership with Ripple to integrate XRP and Ripple USD (RLUSD), Ripple’s USD-denominated enterprise-grade stablecoin. This collaboration marks a significant step in advancing the utility of compliant, dollar-backed stablecoins in real-world transactions.
Financial Technology Insights: Allvue & Octaura Streamline Leveraged Loan Trading
With this partnership, AEON Pay, AEON’s Web3 mobile payment platform, now supports XRP and RLUSD across online and offline payment environments. Users can seamlessly use RLUSD to pay for everyday purchases including dining, retail shopping, top-ups, and more, all via AEON Pay Telegram Mini App and dapp integrated in leading wallets like Bitget Wallet and TokenPocket. Initially, this will empower offline payments across 20 million merchants in Southeast Asia at 10000+ consumer brands like UNIQLO, Mcdonald’s, PizzaHut and Starbucks, with rollout plans targeting Africa, Latin America, and other emerging markets soon after.
Financial Technology Insights: Everest Names Pamela Sinclair as EVP & CHRO
Ripple USD (RLUSD) is designed with trust, liquidity, and compliance at its core. Each RLUSD token is fully backed by U.S. dollars and other cash equivalents, offering users a dependable stablecoin for cross-border payments and everyday use. Built by Ripple, a pioneer in enterprise blockchain with a global regulatory footprint, RLUSD is positioned to meet the needs of financial institutions, enterprises, and developers seeking secure and scalable digital dollar solutions.
Financial Technology Insights: SoFi Unveils Crypto Features to Empower Member Finances
This partnership combines Ripple’s stablecoin expertise with AEON’s extensive real-world payment network, advancing both parties’ shared mission of driving mass adoption of digital assets. By bringing compliant, blockchain-based payments to millions of users and merchants, AEON and Ripple are paving the way toward a future where crypto payments are practical, efficient, and globally accessible.
To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com
Source: businesswire