Buy Crypto

Rezolve AI Acquires SmartPay to Boost Fee-Free Crypto Payments

Date:

Share post:

Rezolve AI Acquires SmartPay to Boost Digital Asset Payments

Rezolve AI, a platform combining AI, commerce, and payments, has acquired SmartPay. SmartPay is a stablecoin payment company with over $1 billion in annual transaction volume. The acquisition was announced on October 7 in a press release. It gives Rezolve the infrastructure to integrate digital assets like USDT into mainstream retail payments. SmartPay has processed over $19 million in commercial transactions.

Building a Fee-Free Blockchain Payment Network

This acquisition supports Rezolve’s partnership with Tether, the issuer of USDT stablecoin. Rezolve plans to combine SmartPay’s payment rails with its “Brain Checkout” technology. The goal is to create a blockchain payment network that removes traditional merchant fees.

Daniel M. Wagner, CEO of Rezolve AI, said, “SmartPay gives Rezolve a proven, transaction-tested foundation to scale our digital asset payment initiative globally. By combining SmartPay’s live payment rails with Rezolve’s Brain Checkout technology, we can deliver merchants a fast, simple, and fee-free way to accept digital assets, bridging the gap between blockchain and everyday commerce.”

The new system will let consumers pay instantly using digital assets like USDT, Bitcoin (BTC), and Ethereum (ETH). Merchants will receive instant settlement in fiat currency.

Expanding Reach in Emerging Markets

SmartPay’s network is active in high-growth markets such as Brazil, Argentina, Colombia, and Angola. It processes millions of stablecoin transactions annually in these regions. This acquisition extends Rezolve’s reach into key emerging markets. It also provides a tested model for scaling digital asset payments in North America, Asia, and Europe.

The deal will speed up Rezolve’s development of Agentic Commerce. This concept involves AI agents autonomously conducting transactions. With SmartPay’s payment technology, Rezolve aims to build a platform where AI agents can discover, compare, negotiate, and complete purchases instantly using digital assets.

Marcel
Marcelhttps://cryptonewspub.com/
Marcel is the enthusiastic owner and editor-in-chief of CryptoNewsPub, the go-to source for the latest news, sharp analyses, and groundbreaking insights into the world of cryptocurrency and blockchain. With his passion for decentralization and innovation, he makes complex developments clear and accessible to both novice crypto enthusiasts and seasoned traders. Marcel’s articles inspire, inform, and empower you to embrace the digital financial revolution with confidence.

Related articles

ECB Advances Digital Euro Plan Targeting 2029 Launch Amid Delays

ECB Plans to Continue Digital Euro Development The European Central Bank (ECB) will continue its work on the digital...

ONDO rebounds from support expands tokenized securities on BNB Chain

Ondo Finance Expands Tokenized Securities to BNB Chain Ondo Finance (ONDO) rose 2% on Wednesday. The company announced it...

CME Group Sets Record with 9900 XRP Futures Traded Daily

CME Group Hits New Record in XRP Futures Trading On October 29, CME Group reached a new milestone in...

Ripple CTO on CBDCs Impacting Financial Freedom and Banking Access

David Schwartz Discusses the Impact of CBDCs on Financial Freedom Ripple’s Chief Technology Officer, David Schwartz, sparked a discussion...