Connect with us

Hi, what are you looking for?

DeFi

PengoPay Launches Multi-Chain Stablecoin Payment Platform for Ethereum and Solan

Read more about this crypto news

The post PengoPay Launches Multi-Chain Stablecoin Payment Platform for Ethereum and Solana appeared on BitcoinEthereumNews.com.PengoPay launches a multi-chain stablecoin payment platform supporting Ethereum and Solana, offering secure crypto payments, invoices, and global settlements. The global crypto payments sector is expanding as new infrastructure platforms enter the market. Recently, a new stablecoin payment solution launched that will help to simplify blockchain payments. The platform targets businesses and freelancers for the use of digital assets. PengoPay Introduces Multi-Chain Stablecoin for Global Businesses The company PengoPay made its official announcement of the multi-chain stablecoin payment infrastructure. The system supports transactions using the Ethereum and Solana networks. This launch is intended to make it easier for businesses all over the world to make payments using blockchains. PengoPay initially supports the @ethereum and @solana blockchain networks, and will expand to more thriving blockchain ecosystems in the future. Regarding stablecoins, PengoPay has already implemented support for USDT @tether and @USDC @circle , satisfying the vast majority of… pic.twitter.com/dRLcsPOd4t — PengoPay 🐧 (@PengoPayment) February 28, 2026 The platform is running from the financial center Abu Dhabi Global Market. This regulatory hub has been widely known as supporting financial innovation and digital assets. Therefore, the location offers an important compliance framework for a crypto payment infrastructure. Related Reading: Vitalik: AI Could Speed Up Ethereum Security Initially, the system is compatible with two leading stablecoins used in crypto transactions across the world. These are USD Coin and Tether. Both stablecoins already play a major role in digital asset settlements. The infrastructure is of a non-custodial nature and the users remain in full control of the funds. Therefore, companies do not have to place assets on centralized intermediaries. This structure mitigates counterparty risk for the payment processing. In addition, the platform contains various payment tools that are aimed at global commerce. Businesses can create invoices for cryptocurrencies to be used by international clients. Users…

You May Also Like

Markets

AVAX is currently trading between $21.40 support and $23.50 resistance levels, with potential for short-term recovery.

Markets

Bitcoin"s value against gold has reached a critical support level; will it bounce back?

Top Stories

BitRss provides real-time updates and curated content for the crypto community around the clock

Regulation

Finland will adopt the OECD"s Crypto-Asset Reporting Framework to enhance crypto transaction transparency by 2026.

Markets

Dogecoin"s open interest has fallen to its lowest in six months, signaling potential price volatility ahead.

Business

Ripple"s recent achievements spark discussions on an IPO, though the company denies any immediate plans.

Altcoins

XRP is poised to play a crucial role in a $30 trillion market for tokenized assets, reshaping finance.

Altcoins

Ripple, XRP, and the XRP Ledger are distinct entities crucial for cross-border payments.

Top Stories

A counterfeit Hyperliquid app has been identified, raising concerns over user scams.

Regulation

Nvidia"s stock drops sharply after the US bans AI chip sales to China, impacting growth plans.

Markets

Ethereum struggles to maintain a $3.2K floor amidst significant DeFi market outflows and low buying conviction.

Altcoins

LivLive offers a 200% bonus in its presale, making it a standout option for investors seeking affordable crypto.

Copyright © 2024 COINNEWSBYTE.COM. All rights reserved. This website provides educational content, emphasizing that investing involves risks. Ensure you conduct thorough research before investing and be ready for any potential losses. For those over 18 and interested in gambling: Online gambling laws differ across countries; adhere to your local regulations. By using this site, you agree to our terms, including the presence of affiliate links that do not impact our evaluations. Cryptocurrency offers on this site are not in line with UK financial promotion regulations and are not aimed at UK consumers.