FOMO Pay, a major payment institution based in Singapore, has announced its partnership with the Global Dollar Network (GDN) to integrate the Global Dollar (USDG) stablecoin into its digital payment infrastructure. This move aims to facilitate near-instant, transparent, and regulated stablecoin payments for merchants and corporates, enhancing the checkout experience with more flexible payment options.
The integration of USDG will allow FOMO Pay’s extensive merchant base, which includes sectors such as food and beverage, hospitality, and retail, to accept USDG payments seamlessly. This development is expected to translate digital currency innovation into practical applications, offering consumers more payment flexibility. Additionally, corporate clients of FOMO Pay will benefit from streamlined cross-border payments, characterised by increased speed, transparency, and regulatory assurance.
Louis Liu, the founder and CEO of FOMO Pay, stated, “The broader adoption of regulated stablecoins marks the next chapter in financial innovation, unlocking new possibilities for faster, more transparent, and compliant payments. USDG is a meaningful step in that direction, and we are pleased to join the Global Dollar Network as one of its first members to advance stablecoin adoption.”
FOMO Pay’s strong local banking and payment infrastructure across Southeast Asia, the Greater Bay Area, and the Middle East and North Africa positions it to contribute to a more inclusive and interoperable future for digital finance. The company remains committed to partnering with industry leaders to deliver faster, cost-effective, and regulated payment solutions, ultimately driving innovation in digital finance and making modern financial instruments more accessible to businesses globally.
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