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By Jamie Crawley|Edited by Sheldon Reback
May 20, 2025, 7:18 a.m.
- KuCoin’s merchant service is enhancing its provision for users to complete mobile transactions with cryptocurrency.
- The service is being rolled out across “high growing Asian markets” initially with plans to expand beyond that in the future.
- The exchange unveiled merchant service KuCoin Pay at the start of this year, allowing merchants to integrate it into their systems and enable cryptocurrency payments.
Crypto exchange KuCoin’s merchant service is enhancing its provision for users to complete mobile transactions with cryptocurrency.
KuCoin Pay has tapped payment protocol AEON to allow users to pay for goods and services online and in-store using cryptos such as bitcoin
, ether
and stablecoins USDT and USDC, according to an emailed announcement on Tuesday.
STORY CONTINUES BELOW
The service is being rolled out across “high-growing Asian markets” initially with plans to expand in the future, a KuCoin spokesperson told CoinDesk via Telegram.
KuCoin, like other crypto firms, is exploring how it can accelerate crypto adoption by allowing users to easily spend cryptocurrency when carrying out day-to-day transactions.
The Seychelles-headquartered exchange unveiled KuCoin Pay at the start of this year, allowing merchants to integrate it into their systems and enable cryptocurrency payments. The tie-up with AEON is intended to drive user adoption through offering faster and more secure mobile payments across all major blockchains.
Read More: Lyzi Raises $1.4M to Expand Tezos-Based Crypto Payments Service for Retail
Jamie has been part of CoinDesk’s news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
