KuCoin has unveiled a new point-of-sale (PoS) system, allowing users to pay businesses directly with their crypto balances.
Through KuCoin Pay, merchants can integrate cryptocurrency payments into their operations, enabling customers to complete transactions with a QR code or the app.
Supporting 54 digital assets, including Bitcoin, Ethereum, Tether, and USD Coin, this tool aims to simplify payments and expand opportunities for businesses by connecting them with KuCoin’s extensive user base.
This launch follows a surge in crypto payment developments in late 2024. In October, Stripe introduced USDC payments, quickly gaining traction in 70 countries, while Wirex launched Wirex Pay, enabling non-custodial crypto transactions.
FV Bank later partnered with Visa to issue cards allowing access to digital and fiat assets, and Sheetz expanded its crypto payment options in 750 U.S. locations via Flexa.
As crypto adoption grows, tools like KuCoin Pay reflect the increasing integration of digital assets into everyday commerce, streamlining transactions for users and businesses alike.
