Guavy AI Editorial TeamSentiment: 4Clout: 72

Maya and Lydian Team Up to Enable Digital Asset Payments in Philippines

Maya and Lydian have partnered to promote the use of digital assets in daily transactions in the Philippines.

The initiative aims to make it easier for businesses to accept digital asset payments while minimizing exposure to price fluctuations. By leveraging Maya's regulated infrastructure layer, merchants can settle transactions promptly in Philippine pesos, reducing their risk exposure.

The collaboration also seeks to address key pain points that have hindered the adoption of digital assets among merchants, including custody requirements and regulatory complexity. To achieve this, stablecoin-based payments will be integrated into familiar payment flows, such as QR codes, payment links, and online checkout, with a 'Pay with Crypto' option available for consumers.