PengoPay, a stablecoin payment infrastructure provider, has officially launched its multi-chain platform, initially supporting the Ethereum and Solana blockchains. The platform is designed to facilitate seamless, secure crypto payments, invoicing, and global settlements for businesses and freelancers, operating from the Abu Dhabi Global Market (ADGM) regulatory hub.
The service is non-custodial, allowing users to retain full control of their funds and mitigating counterparty risk associated with centralized intermediaries. At launch, the platform supports the two dominant stablecoins, Tether (USDT) and USD Coin (USDC), from issuers Tether and Circle, respectively. This integration aims to satisfy the majority of stablecoin payment demands for real-world transactions.
Security and compliance are central to the platform's design. It incorporates transaction monitoring, Know Your Transaction (KYT) verification, and anti-money laundering (AML) compliance checks to validate asset origins before settlement. Furthermore, the platform offers regulated conversion services through licensed financial partners, enabling businesses to exchange digital assets into traditional fiat currencies.
Looking ahead, PengoPay's 2026 roadmap includes the development of the AgentPay Protocol, a payment framework designed to facilitate secure machine-to-machine transactions for on-chain autonomous AI agents. This initiative aims to extend blockchain utility beyond human commerce into automated financial actions.
