AEON Partners with Algorand Foundation to Enable Crypto Payments Using ALGO and USDC for Over 20 Million Users

AEON announced on June 12 a strategic integration with Algorand Foundation. The partnership aims to bring crypto payment solutions to the mainstream economy using ALGO and USDC on Algorand.

AEON, the next-gen payment ecosystem, has partnered with Algorand Foundation to enable seamless crypto payments for over 20 million users. The partnership will allow users to pay with ALGO and USDC on Algorand at major global and regional brands via AEON Pay.

AEON Partners with Algorand Foundation to Bring Crypto Payments to 20 Million Users

AEON announced a strategic integration with Algorand Foundation to bring crypto payment solutions using ALGO and USDC on Algorand to the mainstream economy. The partnership will allow users to spend digital tokens at over 20 million offline and online retail points.

The move follows AEON’s earlier tie-up on May 23 with USDD, aiming to expand token usability. AEON’s framework now supports ALGO, Algorand-USDC, and USDD across Southeast Asia. The expansion integrates Algorand’s energy-efficient blockchain to push digital asset adoption in real-world commerce.

"We are excited to partner with Algorand Foundation to expand the use cases of crypto in a meaningful way,” said Evgeny Gribov, CEO of AEON. “This collaboration will provide seamless and efficient payment options to a vast user base, driving broader adoption of digital assets.”

Algorand, a layer-1 blockchain launched in 2019, supports fast, secure transactions with low fees. The platform’s instant finality and carbon-neutral design make it suitable for scalable digital payment networks.

AEON Pay Accepted at McDonald’s, Starbucks, Pizza Hut, and More

AEON Pay now enables crypto payments at major global and regional outlets. The platform supports over 10,000 brands through more than 20 million merchant terminals.

Leading brands like McDonald’s, Starbucks, Pizza Hut, and UNIQLO are included in the integration. The mobile payment system is live via Telegram Mini App and leading crypto wallets such as TokenPocket and Bitget Wallet.

Users can pay with ALGO and USDC on Algorand during daily activities such as shopping, dining, and services. The system is already active in Southeast Asia and will expand to Africa and Latin America.

The move supports digital currency usage in emerging markets with a high demand for payment innovation.

“At Algorand, we are focused on unlocking the potential of blockchain technology to create a more inclusive and sustainable future,” added Jesse Chen, Head of Asia at Algorand Foundation. “We are pleased to partner with AEON to integrate ALGO and USDC on Algorand into their advanced payment system, providing seamless and efficient crypto payment solutions to a vast user base.”

Algorand adds infrastructure strength to AEON’s Web3 payment technology with secure, low-cost transactions. Algorand supports quantum security and is built to handle thousands of transactions per second. The blockchain allows developers to use familiar languages like Python and TypeScript.

Algorand Foundation backs initiatives around humanitarian aid, digital identity, financial inclusion, and tokenized markets. The network’s commitment to institutional-grade reliability aligns with AEON’s goal of intelligent, automated finance.

AEON’s crypto payment system uses AI agents for automated remittances, subscriptions, and transactions. The integration benefits both developers and end users by combining performance and ease of use.