TON (blockchain) and Banxa Partner for APAC Stablecoin Payments
Analysis based on 8 articles · First reported Feb 17, 2026 · Last updated Feb 17, 2026
This partnership is expected to significantly boost the adoption of stablecoin payments for SMEs in the Asia-Pacific region, potentially reducing reliance on traditional banking systems for cross-border transactions. It positions The Open Network (TON) blockchain and Banxa as key players in the evolving digital payments landscape, with positive implications for the broader cryptocurrency market.
The TON (blockchain) has announced a strategic partnership with Banxa, a crypto infrastructure provider under OSL Group, to enhance stablecoin payment processing for small and medium-sized enterprises (SMEs) across the Asia-Pacific region. This collaboration integrates Banxa's fiat-to-crypto on- and off-ramp network with The Open Network (TON) blockchain infrastructure, aiming to simplify business-to-business (B2B) and consumer-to-business (C2B) payment processes. The initiative follows the launch of TON Pay, a payment SDK designed to support Telegram Mini Apps, allowing businesses to accept TON (blockchain) and USDT directly within the Telegram app. The partnership leverages Banxa's global compliance framework and OSL Group's recent equity financing rounds to provide a regulated and efficient solution for digital asset payments, accelerating global trade and reducing transaction costs for SMEs.
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