AEON Integrates ScantoPay Crypto Payments with OKX's X Layer

AEON Integrates ScantoPay Crypto Payments with OKX's X Layer

user avatar

by Ayman Ben Youssef

9 months ago

Made with AI

AEON has taken a significant step in enhancing its real-world crypto payment capabilities by partnering with X Layer, an Ethereum Layer 2 network developed by OKX. This collaboration aims to facilitate crypto transactions for users across various regions, making it easier to spend digital assets in everyday situations. The material points to an encouraging trend: the growing acceptance of cryptocurrencies in daily transactions.

Integration Overview

The integration allows users to make purchases at over 50 million merchants in Southeast Asia, Africa, and Latin America simply by scanning merchant QR codes. This user-friendly approach is embedded within OKX Pay, which means that no additional integrations are required for merchants to start accepting crypto payments.

Impact on Blockchain Adoption

This partnership not only increases the utility of X Layer tokens but also plays a crucial role in promoting the adoption of blockchain technology in emerging markets. By simplifying the payment process and expanding access to crypto transactions, AEON and X Layer are paving the way for a more inclusive financial ecosystem.

As AEON enhances crypto payment capabilities through its partnership with X Layer, the market is also watching Stellar's XLM, which is currently testing a key support level. For more details, see the full article here.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Hut 8 Wins Bid for Poolin's Texas Datacenter Sites

Hut 8 has successfully bid $140 million for two datacenter sites owned by the bankrupt mining company Poolin.

user avatarLucas Weissmann

Senate Banking Committee Democrats Request Hearing on Prediction Markets

Democratic members of the Senate Banking Committee request a public hearing to examine the growing issue of prediction markets and their regulatory implications.

user avatarFilippo Romano

Crypto Economic Activity Remains Strong Despite Market Downturn

Crypto economic activity has shown resilience despite a significant drop in market capitalization, indicating a shift in market dynamics.

user avatarEmily Carter

Visa's Research Highlights Trust as a Barrier to Stablecoin Adoption

Visa's research highlights that trust and fraud protection are essential for stablecoin adoption, with 36% of US respondents considering their use, especially with bank-level protections.

user avatarTomas Novak

Cardano's Onchain Governance Approves New Treasury Allocations

Cardano's governance system has approved a new round of treasury allocations aimed at infrastructure and ecosystem development.

user avatarKaterina Papadopoulou

Galaxy Invests $100 Million in Onchain Credit Infrastructure

Galaxy has invested $100 million in Sky Protocol's yield-bearing sUSDS, integrating it into its corporate treasury and allowing it as collateral for institutional trading.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.