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TON Foundation Partners with Banxa to Enable Stablecoin Payments for Businesses Across Asia

News17/02/2026
TON and OSL logos displayed together on a dark grid background, separated by a vertical line.

Stablecoins move billions in value every day, but for most small businesses across Asia, accessing that infrastructure still means navigating complex exchanges, fragmented rails, and unclear compliance. That changes today.

TON Foundation has partnered with Banxa, an OSL Group company, to bring regulated stablecoin payment infrastructure directly to thousands of SMEs across the Asia-Pacific region. The partnership positions TON as an operational payments layer for real-world commercial activity in one of the world's most active business and trade regions.

What the Partnership Delivers

Banxa is a crypto infrastructure provider with licensed operations across the United States, Europe, UK, Canada, and APAC, powering embedded crypto solutions for over 400 businesses worldwide. Its parent company, OSL Group (HKEX: 863), is Asia's leading stablecoin trading and payment platform, having raised a combined US$500 million in equity financing across 2025 and early 2026 to scale its payment and stablecoin infrastructure.

Through OSL's merchant and institutional network and Banxa's payment rails, SMEs across APAC can now use TON for practical payment flows:

  • B2B settlements: Payments between businesses settled in stablecoins on TON.
  • Cross-border transactions: Funds move between markets without the friction and delays of traditional banking.
  • Consumer-to-business (C2B) payments: Customers pay merchants using stablecoins on TON.

Banxa handles the conversion layer between local currencies and digital assets. TON's peer-to-peer rails are already widely used across the region, and this partnership extends that reach into enterprise-grade commercial use cases.

Expanding TON's Payments Footprint

TON's payments infrastructure is no longer theoretical. Companies such as Bloxcross and Shift4 already use the network for payment processing and settlement. The Banxa partnership advances TON Foundation's broader payments and institutional strategy, which has seen USDT on TON become one of the most widely used stablecoin integrations on the network.

And this is just the starting point. With OSL Group holding licensed operations across Asia Pacific, US, UK, Europe, Latin America, and Africa, the regulatory coverage is already in place to support expansion well beyond APAC.

To learn more about TON's payments infrastructure, read Stablecoins on TON, Institutional Use Cases on TON, and 5 ways USDt-TON is making crypto more practical than ever.