in this post:
- KuCoin partners with AEON to accelerate crypto adoption by allowing users to easily spend on it when carrying out day-to-day transactions.
- The initiative is being rolled out across high growing Asian markets initially, with plans to expand beyond that in the future.
- The exchange introduced KuCoin Pay at the start of the year, allowing merchants to integrate it into their systems and enable crypto payments.
KuCoin cryptocurrency exchange announced on May 20 a strategic integration with AEON, a next-generation Web3 payment protocol. The exchange wants to further enhance its Web3 mobile payment capabilities across both online and offline retail environments.
The partnership combines AEON’s agile, chain-agonistic infrastructure with KuCoin’s global user base to accelerate the use of Web3 mobile payments, particularly in high-growth markets across Asia and beyond.
KuCoin integrates with AEON
KuCoin revealed on Tuesday its integration with AEON, a next-generation Web3 payment protocol, to boost its Web3 mobile payment solutions across both online and offline retail environments. The firm said the partnership reflects KuCoin Pay’s continued commitment to real-world crypto adoption by broadening its payment network and delivering faster, more flexible, and cost-effective transaction experiences to users.
The company noted that the integration with AEON will help its users seamlessly pay for goods and services across a wider range of real-life scenarios – including e-commerce, in-store purchases, and everyday spending. The collaboration aims to also help KuCoin’s users access leading digital assets such as USDT, USDC, ETH, TON, and BNB.
KuCoin Pay users can now scan QR codes and make payments both online and in physical stores using digital assets directly within the platform through Web3 Mobile Payment solution provided by AEON. The initiative will enable seamless transactions across 20 million merchants in Southeast Asia and 10,000 global brands
KuCoin Pay strengthens its ability to offer scalable, secure, and user-friendly payment solutions by adopting AEON’s suite of interoperable payment tools—including Web3 Mobile Payments, Online Web3 Payments, and support for recurring or pre-authorized transactions. The crypto exchange believes it aligns with KuCoin Pay’s vision to localize and simplify crypto spending, especially in regions where demand for crypto payments is rapidly rising.
KuCoin wants to expand its merchant network via integration with AEON
Both firms acknowledged that they are committed to expanding their merchant network and integration points, which continuously drives innovation and adoption in the digital payment space. KuCoin noted the initiative will foster the broader acceptance of native Web3 mobile payment solutions, which will pave the way for a more inclusive and seamless global payment ecosystem.
AEON is a protocol built to streamline Web3 mobile payments and drive crypto mass adoption. The protocol supports all major chains, including EVM, SVM ecosystems, and emerging networks like TON, AEON simplifies blockchain complexities and lowers payment hurdles.
AEON offers Swap Pay for seamless cross-chain transfers with any tokens. The company’s emerging Web3 payment solutions include Pre-Authorized Payment for secure planned transactions, Subscription Payment for automated recurring transactions, and Tipping Payment to support creators on social platforms.
Beyond KuCoin Pay, AEON is also pushing forward to expand the global reach of real-world Web3 mobile payments, with more integrations and merchant partnerships on the horizon.
