AEON, the next generation payment protocol, has teamed up with First Digital Labs, issuer of First Digital USD (FDUSD), a reserve-backed stablecoin redeemable on a one-to-one basis for cash, to bring seamless crypto payment options to Southeast Asia. This collaboration makes it possible for users to pay with FDUSD at offline merchants, using AEON’s easy-to-use QR code payment system, which simplifies the payment process for both consumers and businesses and expands the payment scenarios for FDUSD.
The AEON payment solution integrates directly with regional payment networks, such as VietQR in Vietnam and ThaiQR in Thailand, ensuring wide accessibility in collaboration with Terminus, a pioneering Payment Association. Merchants can easily adopt AEON’s system without any new hardware, with crypto payments automatically converted to local fiat currency. This makes it possible for users to pay with FDUSD by simply scanning a QR code, promoting the use of crypto for everyday purchases across a variety of retail and service sectors.
As part of this initiative, AEON will also launch a special offline payment campaign in Southeast Asia. During the campaign, users can experience the ease of AEON’s scan-to-pay system at select merchant locations, where FDUSD payments will be processed seamlessly through QR codes.
This joint effort with FDUSD marks a major advancement in making cryptocurrency a practical choice for daily transactions in Southeast Asia. AEON, FDUSD, and Terminus are joining forces to expand crypto accessibility and facilitate its adoption, bringing effortless in-store purchases for users and broadening the impact of blockchain technology in mainstream commerce. This initiative demonstrates a collective dedication to fostering a more inclusive and connected digital economy.