Repay Completes Stablecoin Payments Proof of Concept on Stellar Network

Repay Holdings Corporation (NASDAQ: RPAY) has completed a successful proof of concept for stablecoin payments using USD Coin (USDC) on its platform, integrated with the Stellar blockchain network.

The demonstration showed a fully functional consumer payment made over the Stellar blockchain, enabling consumers to authorize transfers of USDC directly to a Repay client's wallet.

According to David Guthrie, CTO of Repay, this proof of concept 'demonstrates REPAY's ability to integrate emerging payment technologies into our existing platform infrastructure.'