AEON, a crypto payment protocol, has integrated the USD1 stablecoin, developed by World Liberty Financial (WLFI), into its payment ecosystem. This integration enables AEON users to use USD1 for payments at over 20 million offline merchants across Southeast Asia and other connected regions, including plans to expand into Africa and Latin America. AEON Pay supports stablecoin payments for various transactions like in-store shopping and dining, leveraging its settlement infrastructure for token management and merchant settlements.
The USD1 stablecoin is part of a broader move to improve digital finance accessibility and is backed by links to the Trump family. Its market capitalization now exceeds $2.15 billion, with a circulating supply of 2.15 billion tokens. The coin has previously facilitated a historic $2 billion investment in Binance.
Separately, Alchemy Pay (ACH) has partnered with WLFI to provide a seamless fiat-to-crypto on-ramp for USD1. This integration allows users to directly purchase USD1 stablecoin through Alchemy Pay’s extensive payment gateway, supporting major credit/debit cards and bank transfers globally, simplifying what was previously a complex process requiring multiple steps.
By reducing barriers to entry and increasing liquidity, this partnership aims to drive adoption within the WLFI ecosystem and broader DeFi landscape. The collaboration exemplifies the ongoing industry focus on user-friendly infrastructure connecting traditional finance with the decentralized economy.