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.

UTRUST is developing a cryptocurrency payment solution with instant transactions, consumer protections, and escrow services. Their goal is to protect merchants and consumers from volatility by allowing them to instantly convert cryptocurrency payments to fiat currency. The network is powered by the Ethereum-based UTK token.