KuCoin Pay, a crypto payment solution developed by global exchange KuCoin, has formed a strategic partnership with AEON to expand Web3 mobile payment services. This collaboration enables users to make transactions using digital assets like Tether (USDT), USD Coin (USDC), Ethereum (ETH), Ton (TON), and Binance Coin (BNB) at both physical retail locations and online platforms.
Leveraging AEON’s chain-agnostic platform, KuCoin Pay facilitates easier and more efficient crypto transactions, including automated recurring payments such as subscriptions. This partnership supports merchants in both retail and e-commerce sectors and aims to accelerate the adoption of Web3 payments by making them simpler, safer, and more accessible to users globally, particularly focusing on growing Asian markets.
AEON supports multiple networks including EVM, SVM, TON, and others, enhancing scalability and usability for real-world crypto payments. Since its launch less than a year ago, AEON has processed over $2.5 million in payments and serves more than 30,000 active users.
This alliance is part of a wider industry trend where crypto exchanges and payment platforms collaborate to enhance the utility and acceptance of cryptocurrencies in everyday transactions. For example, Kraken recently partnered with Mastercard to enable crypto payments across Europe, and Bitget Wallet joined forces with Paydify to bring stablecoin payments to thousands of merchants.