The Terra blockchain is used to record transactions for its price-stable cryptocurrency. Terra is a South Korean company that is focused on leveraging blockchain to facilitate stablecoin payments for a variety of decentralized apps in Asia. The company has partnered with payment gateways such as CHAI and Meme Pay, to enable users to send blockchain-based payments with direct banking integrations, allowing anyone with a local bank account to instantly send stablecoin payments that are pegged 1:1 with their local currencies.

LITEX is developing a layer 2 technology that will facilitate decentralized payments that can be handled off chain. The LITEX network is currently powered by the Ethereum-based LXT token.

Havven is developing a decentralized payment network based on stablecoins. It is designed to enable cryptocurrency to be used for every day purchases. Havven's payment network is based on a dual token system that reduces price volatility for the stablecoins that will be used to make payments. The fees from transactions within the system are used to collateralise the network. The collateral is secured by the blockchain, enabling the creation of a new asset-backed stablecoin, nomin tokens. Each transaction will generate fees that are paid to HAV token holders. The company launched nUSD, a USD-pegged cryptocurrency, and has plans to create other stablecoins that will be pegged to other fiat currencies, including: nEUR, nJPY, nAUD, and nKRW.