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.

Mazalit is developing a B2B payment platform for the diamond and jewelry industry. They hope to integrate blockchain technology to enable instant mobile payment, escrow services, and credit services. Their goal is to provide a payment service that will reduce risk and costs for the industry, while also increasing transparency, security and legitimacy with regulators.

Crypto.com Chain is a decentralized mobile cryptocurrency payment solution built on the Ethereum blockchain. Crytpo.com previously issued a consumer focused payment card that is powered by the Ethereum-based MCO token. The Crypto.com Chain was created to replace traditional financial networks that do not accommodate cryptocurrency payments. Their native crypto network is designed to increase merchants’ ability to accept crypto as a form of payment.