KuCoin has unveiled a brand new point-of-sale (PoS) system, permitting customers to pay companies straight with their crypto balances.
Via KuCoin Pay, retailers can combine cryptocurrency funds into their operations, enabling prospects to finish transactions with a QR code or the app.
Supporting 54 digital belongings, together with Bitcoin, Ethereum, Tether, and USD Coin, this device goals to simplify funds and develop alternatives for companies by connecting them with KuCoin’s in depth person base.
This launch follows a surge in crypto cost developments in late 2024. In October, Stripe launched USDC funds, rapidly gaining traction in 70 international locations, whereas Wirex launched Wirex Pay, enabling non-custodial crypto transactions.
FV Financial institution later partnered with Visa to challenge playing cards permitting entry to digital and fiat belongings, and Sheetz expanded its crypto cost choices in 750 U.S. areas by way of Flexa.
As crypto adoption grows, instruments like KuCoin Pay replicate the rising integration of digital belongings into on a regular basis commerce, streamlining transactions for customers and companies alike.