PengoPay launches stablecoin infrastructure for global payments

PengoPay has introduced a new platform designed to simplify and secure stablecoin payments for freelancers and businesses around the world. The service allows acceptance of $USDC and $USDT, creation of custom payment sites, and generation of cryptocurrency invoices. Its non-custodial model ensures users retain full control over their funds.

On February 28, 2026, PengoPay announced the launch of its stablecoin payment infrastructure, aiming to address challenges in cross-border transactions. The platform enables businesses and freelancers to accept payments in $USDC and $USDT stablecoins, streamlining international transfers that often face delays and high costs in traditional banking systems.

In an official statement on X, PengoPay described its offering: "PengoPay is now live. We’re building a simpler and safer stablecoin payment infrastructure for businesses worldwide. With PengoPay, companies and freelancers can: • Accept $USDT / $USDC payments • Create payment site and crypto invoices • Maintain full control of…"

The non-custodial architecture means users keep complete control over their funds, reducing risks associated with third-party custodians. Additionally, PengoPay provides tools for developing dedicated payment sites and crypto invoices, offering flexibility in managing transfers.

A key feature is the inclusion of regulatory-compliant off-ramps, allowing businesses to convert stablecoin holdings into fiat currencies. This approach fosters trust among regulators and enterprises, ensuring operations remain legally sound and secure.

By focusing on global accessibility, PengoPay seeks to provide more reliable, cheaper, and faster payment options. The launch highlights ongoing efforts to integrate stablecoins into mainstream commerce, tackling inefficiencies in conventional financial mechanisms and promoting broader adoption in digital finance.

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Illustration of Hong Kong awarding stablecoin licences to HSBC and Standard Chartered group, featuring executives, HKD stablecoin hologram, and city skyline.
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Hong Kong awards stablecoin licences to HSBC and StanChart-led group

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Hong Kong has awarded its first stablecoin issuer licences to HSBC and a joint venture led by Standard Chartered, marking the city's latest step towards becoming a global digital asset hub. HSBC plans to launch its Hong Kong dollar stablecoin in the second half of this year, integrating it into its PayMe and mobile banking platforms.

Ripple has emphasized that institutions need infrastructure supporting multiple stablecoins for cross-border payments as volumes surge. Global stablecoin transactions reached $33 trillion in 2025, surpassing credit card volumes, according to the company. Early adopters of flexible platforms are positioned ahead amid regulatory shifts.

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Meta announced USDC payouts for eligible creators in Colombia and the Philippines on April 29. The service allows payments directly into compatible crypto wallets on Solana and Polygon blockchains. Expansion to over 160 additional markets is planned soon.

Coinbase has announced the launch of its 'Coinbase Stablecoin Credit Strategy' (CUSHY), a new fund targeting qualified investors with exposure to tokenized institutional credit. The strategy leverages stablecoins for public, private, and opportunistic credit opportunities. It aims to capitalize on tokenization benefits amid ongoing debates over stablecoin regulation.

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