15T+ settled on-chain in 2024.
Stablecoins now move more than Visa and Mastercard combined.
But blockchain payments remain fragmented.
Each network runs on different technical and compliance standards.
Imagine what happens when it all works together.
That’s what the Blockchain Payments Consortium (@bpconsortium) is here to build 🧵
Right now, there’s no shared language for blockchain payments.
Different networks mean different rules, protocols, and compliance standards.
The result? Friction, fragmentation, and missed potential.
The Blockchain Payments Consortium (@bpconsortium) is here to change that.
Meet the Blockchain Payments Consortium (BPC).
A new collaboration from @ton_blockchain, @0xPolygon, @solana, @StellarOrg, @Mysten_Labs, and @monad, and @FireblocksHQ.
We're defining a global framework for seamless and compliant blockchain payments. To power the next generation of global finance.
The Blockchain Payments Consortium (@bpconsortium)’s mission:
Create shared standards that work across chains and across borders
Make blockchain payments faster, safer, and easier for everyone
Bridge the gap between networks, regulators, and TradFi
“Over the last 18 months, our industry has achieved mainstream adoption, with payments at the forefront. As more established players enter the space, improving how we collaborate, coordinate, and operate together is essential. This is especially critical for Fireblocks, a key infrastructure provider that powers 15% of all blockchain transactions and serves 70% of institutions. The Blockchain Payments Consortium offers a vital platform to achieve this, and we should all actively support its mission.” - @RanGoldi, SVP Payments and Network, @FireblocksHQ
1.8K
12
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.