TechFlow News, February 17: According to an official announcement, the TON Foundation has partnered with Banxa—a regulated crypto infrastructure provider under OSL Group—to deliver compliant stablecoin payment infrastructure to thousands of small and medium-sized enterprises (SMEs) across the Asia-Pacific region.
This collaboration positions TON as the operational payments layer for real-world commercial activity across Asia. Leveraging OSL’s merchant and institutional network alongside Banxa’s payment rails, SMEs in the Asia-Pacific region can now use TON for practical payment workflows—including business-to-business settlements, cross-border transactions, and consumer-to-merchant payments.
Banxa handles the conversion between local fiat currencies and digital assets. While TON’s peer-to-peer payment infrastructure is already widely adopted in the region, this partnership extends its application to enterprise-grade commercial use cases.
