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The TON Foundation has announced a strategic partnership with Banxa, a subsidiary of OSL Group, to develop regulated stablecoin payment solutions for small and medium-sized enterprises (SMEs) in the Asia-Pacific (APAC) region.
This collaboration, revealed on February 17, 2026, integrates Banxa's fiat on-ramp and off-ramp services with the TON blockchain to support B2B settlements, cross-border transactions, and C2B payments.
The initiative addresses inefficiencies in traditional financial systems, such as high costs and delays, by taking advantage of blockchain technology for faster and more cost-effective operations.
Key Takeaways
- The TON Foundation and Banxa have partnered to offer compliant stablecoin payments for APAC SMEs.
- Services include B2B settlements, cross-border transactions, and C2B payments on the TON blockchain.
- Emphasis on regulatory compliance with AML/KYC standards to ensure secure operations.
- Potential for reduced costs and faster processing, enhancing business efficiency in APAC.
- Integration of fiat gateways with blockchain technology to bridge traditional and digital finance.
The TON Foundation, which oversees the Telegram Open Network blockchain, emphasizes scalability and user accessibility in decentralized applications.
Banxa, a licensed crypto infrastructure provider, specializes in compliant payment gateways that bridge fiat and digital assets.
This alliance aligns with the growing demand for stablecoins in APAC, where the digital economy is expanding rapidly, with cross-border e-commerce expected to surpass $2 trillion by 2030, per industry analyses.
Details of the Partnership
Under the agreement, Banxa will provide regulatory-compliant infrastructure, ensuring adherence to anti-money laundering (AML) and know-your-customer (KYC) requirements across key APAC markets, including Singapore, Hong Kong, and Australia.
SMEs will be able to convert local fiat currencies into stablecoins like USDT or USDC on the TON network for instantaneous transactions, reducing settlement times from days to seconds and cutting fees significantly, potentially by up to 80% compared to conventional bank wires.
The partnership extends to C2B payments, allowing merchants to accept stablecoins from consumers, further broadening its application.
TON's high-throughput blockchain, capable of processing thousands of transactions per second, complements Banxa's global payment network, facilitating seamless integration for businesses.
This move is part of TON's broader strategy to promote Web3 adoption in emerging markets, while Banxa strengthens its position in regulated crypto services following its acquisition by OSL Group.
Industry experts view this as a step toward mainstreaming stablecoins, with the global stablecoin market capitalization exceeding $150 billion as of late 2025. The collaboration could onboard thousands of SMEs, fostering economic growth in a region where digital payments are projected to account for over 50% of transactions by 2028.
Conclusion
This partnership between the TON Foundation and Banxa represents a targeted effort to integrate stablecoins into everyday business operations in the Asia-Pacific region.
By providing accessible, regulated payment infrastructure, it supports SMEs in navigating the complexities of global trade.
As blockchain technologies mature, such initiatives may contribute to broader financial inclusion and efficiency, paving the way for sustained digital transformation in emerging economies.
Read Next:
- The U.S. Stablecoin Regulatory Reset
- 50 Stablecoin Statistics That Matter in 2026
- Tokenized Money Market Funds: Everything you Need to Know for 2026
FAQs:
1. What does the TON Foundation-Banxa partnership entail?
It involves creating stablecoin payment infrastructure for APAC SMEs, supporting B2B, cross-border, and C2B transactions on the TON network.
2. How will this benefit small and medium-sized enterprises in Asia-Pacific?
SMEs gain access to faster, lower-cost payments, reducing reliance on traditional banking and minimizing currency volatility risks.
3. Are the payment solutions compliant with regional regulations?
Yes, Banxa's infrastructure ensures full compliance with AML and KYC requirements in APAC jurisdictions.
4. Which stablecoins are supported in this initiative?
The system supports major stablecoins such as USDT and USDC integrated with the TON blockchain.
5. When was the partnership officially announced?
The announcement was made on February 17, 2026.
Disclaimer:
This content is provided for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice; no material herein should be interpreted as a recommendation, endorsement, or solicitation to buy or sell any financial instrument, and readers should conduct their own independent research or consult a qualified professional.
