TL;DR

The TON Foundation partnered with Banxa and OSL Group to launch stablecoin payments aimed at small and medium-sized businesses across Asia-Pacific.
The integration connects Banxa’s fiat-to-crypto rails with The Open Network and enables B2B payments, cross-border transfers, and customer checkout flows directly on the TON blockchain.
The system follows the release of the TON Pay SDK for Telegram, which settles in under one second and charges fees below $0.01.

The TON Foundation signed a partnership with Banxa, a company owned by OSL Group, to deploy a regulated stablecoin payment infrastructure for small and medium-sized enterprises across Asia-Pacific.

The integration combines Banxa’s fiat-crypto on- and off-ramps with The Open Network’s settlement layer. Businesses can send and receive payments directly in stablecoins without relying on traditional banking rails. The system includes conversions between local currencies and digital assets within the same operational flow.

Blockchain Payments Between Businesses

The setup enables on-chain B2B settlements, cross-market international transfers, and consumer-to-merchant payments. The operations target thousands of SMEs engaged in a wide range of regional commercial activities. Processing occurs on the blockchain while fiat conversion is handled through Banxa’s infrastructure.

Banxa operates under a global framework with more than 40 licenses and registrations across the United States, the European Union, the United Kingdom, and the APAC region. That coverage allows stablecoin payment flows to meet local regulatory requirements across multiple markets.

TON Continues Expanding Its Ecosystem

The agreement follows the launch of the TON Pay payment SDK just days ago, designed for Telegram mini apps. The toolkit delivers sub-second settlement and fees below $0.01.

OSL’s network includes merchants and financial institutions. The firm raised about $500 million between 2025 and early 2026 to expand its payment and stablecoin infrastructure. Banxa provides embedded crypto solutions to more than 400 companies globally.

Companies such as Bloxcross and Shift4 already process payments on the network. The integration between TON and Banxa will broaden the commercial use of the infrastructure toward enterprise and cross-border operations across the region. OSL’s regulatory coverage allows the system to expand into jurisdictions beyond Asia-Pacific

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Filed under: News - @ February 17, 2026 6:19 pm