Web3 payments get a boost as KuCoin Pay and AEON team up.
In a significant move to enhance Web3 payment capabilities across Asia, KuCoin Pay has formed a strategic partnership with AEON, a Web3 payment protocol. This collaboration is set to revolutionize the way cryptocurrencies are used in daily transactions, contributing to the growth of daily crypto transactions in the region.
The partnership officially launched around May 2025, with KuCoin Pay integrating AEON's payment solution to revolutionize Web3 mobile payments in retail sectors. AEON Pay, accessible via various platforms including KuCoin Pay, supports payments with multiple crypto tokens across over 20 million merchants primarily in Southeast Asia, with expansion into Latin America and Africa underway.
This integration allows users to pay with cryptocurrencies while merchants receive local fiat currency, eliminating volatility risk and easing adoption for daily retail use. AEON's technology enables payments through mobile wallets, exchanges, Telegram MiniApps, and offers innovative features such as crypto-to-bank transfers in Mexico, which could be mirrored in Asia.
By bridging Web3 technology with real-world payment infrastructure, the partnership boosts the volume and frequency of crypto transactions, empowering users to seamlessly spend crypto in daily commerce and strengthening the overall Web3 payment ecosystem in Asia.
The partnership aligns with the growing need for crypto-powered solutions that offer the same convenience, speed, and security found in traditional platforms in Asia. The initiative is seen as a step toward integrating crypto payments into retail and online experiences.
AEON, launched in 2024, has processed over $2.5 million in monthly transactions and serves a user base exceeding 30,000. KuCoin Pay, which already supports over 50 cryptocurrencies and operates on a global scale, aims to make decentralized payment systems as practical and user-friendly as existing mobile wallets.
The collaboration is focused on offering solutions that are grounded in usability and compliance. The partners are working to bring Web3 payments from niche adoption to mainstream utility, aiming to overcome key limitations that have historically hindered mainstream adoption of blockchain payments.
KuCoin Pay and AEON are focused on expanding Web3 payments in Asia, a region with growing mobile and digital financial services. The joint offering between the two allows consumers to execute low-cost, high-speed transactions whether online or in-store, simplifying mobile crypto payments for both online shoppers and in-store consumers.
In summary, the KuCoin Pay and AEON partnership directly advances Web3 payment infrastructure by enabling broad merchant acceptance, local fiat settlements from crypto payments, and user-friendly interfaces—all driving increased daily crypto transaction volume and fueling Web3 crypto adoption throughout Asia. The partnership is expected to shape the infrastructure that supports the next wave of financial innovation.
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