OwlTing, a blockchain fintech company, has unveiled OwlPay Stablecoin Checkout. This solution is slated to become operational in August 2025 and integrates an API for stablecoin transactions.

Expansion and Regulatory Compliance

To cater to the growing demand for efficient payment solutions, OwlTing recently acquired merchant licences in Pennsylvania, Wisconsin, and Colorado. This move brings the total number of US states where it is operationally licensed to 36. The company focuses on rapid cross-border payments that align with industry regulatory standards.

Efficient USD-USDC Conversions

OwlPay Stablecoin Checkout has been designed for straightforward conversions between USD and the stablecoin USDC, enabling businesses to accept stablecoin payments and settle in USD through their platforms. This solution also integrates with OwlPay Payment, a B2B payment tool that supports firms of various sizes.

Responding to Market Trends

The surge in stablecoin transactions reached US$5.7 trillion for 1.3 billion payments globally by 2024. In light of this trend, OwlTing is seeking additional licences in the United States and expanding into markets like the EU and Japan. The company aims to align with NIST Cybersecurity Framework requirements and maintain AML and KYC compliance.

Business Benefits

The new solution allows merchants to set global sales without concern for currency fluctuations, streamlining processes behind the scenes. For larger enterprises, OwlPay Harbor offers an AI-driven payment API infrastructure that personalizes the payment experience, with customers paying in USDC and merchants receiving funds in USD.

For small and medium-sized enterprises (SMEs) without technical expertise, OwlPay Payment provides a pre-built interface with embedded stablecoin checkout capabilities. This simplifies the payment process and opens up new business opportunities by eliminating the need to manage complex blockchain integrations.

Global Commerce Integration

OwlPay Stablecoin Checkout is designed for use in various sectors including mobility, hospitality, e-commerce, and gaming platforms. Customers can pay for services such as rides, hotel stays, flights, tours, games, and in-game items with USDC, while merchants receive the funds in USD. This feature aids in faster settlements, allowing developers to reinvest and enhance community engagement.

By integrating stablecoin solutions into their operations, businesses can simplify cross-border sales and unlock new opportunities without delving deep into blockchain technology management.