TON Foundation Joins Forces with Banxa to Simplify Payments Across APAC

TLDR The TON Foundation has partnered with Banxa to expand stablecoin payment infrastructure for SMEs across the Asia-Pacific region. The collaboration integrates Banxa’s fiat-to-crypto network with the TON blockchain to support B2B and C2B transactions. TON Pay, launched on February 11, enables Telegram Mini Apps to accept Toncoin and USDT directly within the app. The partnership allows businesses to benefit from low transaction fees and fast settlement times under one second. OSL Group, which owns Banxa, raised $200 million in equity financing in January 2026 to further its expansion in the digital asset sector. The TON Foundation has announced a partnership with Banxa, a crypto infrastructure provider under OSL Group, to enhance stablecoin payment processing across Asia-Pacific. This collaboration aims to support small and medium-sized enterprises (SMEs) in the region with seamless digital asset payments. Businesses will be able to utilize The Open Network (TON) blockchain for settlements, cross-border transactions, and more efficient money movement. TON Foundation and Banxa Collaborate to Improve B2B and C2B Transactions The new partnership integrates Banxa’s fiat-to-crypto on- and off-ramp network with TON’s blockchain infrastructure. This will simplify business-to-business (B2B) and consumer-to-business (C2B) payment processes for companies in the Asia-Pacific region. Through this collaboration, TON Foundation aims to help SMEs tap into the benefits of blockchain for easier and faster cross-border payments. Nikola Plecas, vice president of payments at TON Foundation, emphasized that the partnership aligns with their goal of expanding commercial use cases for TON globally. “This collaboration reflects our emphasis on generating TON-based use cases that provide long-term commercial utility for builders and businesses around the world,” he said in a statement. With the integration of Banxa’s services, businesses will gain access to a licensed infrastructure ne...