PayProtocol and Squid to build multichain payment and settlement infrastructure
- —PayProtocol and Squid signed a strategic memorandum on September 21
- —A proof-of-concept is planned to integrate the PayCoin mainnet with external blockchains
- —Merchants will be able to receive settlements in USDT, USDC, PCI, or won-pegged stablecoins
- —Users will be able to pay with any digital asset regardless of network
Why it matters: Expanding cross-chain payments in real-world commerce could accelerate mass crypto adoption in Korea.
Source: Digital Today