Stellar and AEON team up to bring XLM and USDC payments to Southeast Asia

Crypto Payments Protocol Aeon joins Stellar to accelerate the adoption of the crypto for payments through Southeast Asia.

Aeon’s strategic partnership with Stellar (XLM) allows you to support XLM and USDC native stellar (USDC) As payments accepted in retail stores in major cities in Southeast Asia.

Collaboration will also expand the blockchain Solution through Africa and Latin America, said Aeon in a press release.

Payments XLM and USDC will be facilitated via Aeon Pay, a mobile solution powered by web3 which allows real purchases from large retailers. Currently, the service connects to more than 10,000 brands and 20 million QR compatible stores in the Southeast Asian region.

“By integrating support for stellar assets, AEON allows companies and consumers new payment options that are both effective and inclusive,” noted the platform.

The integration of XLM and Stellar-USDC adds to the growing adoption of crypto and stablecoins in the payment space, with regulatory clarity playing a key role.

This sees users wishing to draw on instant and almost zero payments devoid of the shortcomings of traditional banking systems are considering more and more cross -border cryptographic solutions.

Stellar’s blockchain, one of the main platforms of space, offers an optimized protocol of payments adapted to microtransactions and high volume transfers by financial institutions. According to Aeon and Stellar, their partnership marks an important step for web trade3.

Support for Stellar occurs a few days after the Aeon team joined the open network, bringing Toncoin (TONNE) and the native tons of tons (USDT) millions of users on Telegram.

Meanwhile, stellar traction in industry has included major partnerships with the main players in Decentralized finance and tradfi.

These include Mastercard, Stripe and Paxos. The integration of Stripe allowed XLM payments, while Paxos operated the Stellar network to extend access to its stablecoin at the point of the US dollar.