AEON Partners with Conflux to Expand Cryptocurrency Payments

This is a layer-1 blockchain focused on improving payment systems and stablecoins. The goal of this partnership is to promote the use of cryptocurrency in everyday transactions.

AEON, a modern crypto payment platform, has announced an important partnership with Conflux. This is a layer-1 blockchain focused on improving payment systems and stablecoins. The goal of this partnership is to promote the use of cryptocurrency in everyday transactions.

The biggest advantage of this strategic partnership is that it enables users to pay with the $CFX token whether they are shopping online or offline. The company shared this news on its X platform.

AEON Integrates $CFX Payments for Online And In-Store Purchases

AEON has integrated $CFX payments into its modern payment system. People can now pay for purchases on the internet using their $CFX tokens.

AEON has also made it possible for people to spend $CFX in the real world using AEON Pay. AEON Pay allows customers to use crypto when they’re shopping, dining, or accessing services. The AEON Pay app can be used as a Telegram mini-app and is compatible with wallets like Bitget. Now, people can use their cryptocurrencies to buy almost anything using their smartphones.

Additionally, the alliance aims to achieve significant objectives. AEON and Conflux hope to serve more than 20 million stores and 10,000 corporations across Southeast Asia. In the future, the companies plan to extend their business to Africa and Latin America. Many of these areas don’t have extensive traditional financial infrastructure, so products like this facilitate higher levels of financial inclusion. Both companies aim to make crypto more accessible to the general public.

AEON benefits from Conflux’s numerous strengths. Its consensus mechanism combines Proof-of-Work and Proof-of-Stake. This ensures that the network can operate quickly, securely and following a truly decentralized process. As a result, Conflux is an excellent ally for AEON as it pursues its goal of facilitating crypto payments across the world. It’s attractive for both customers and businesses due to its low costs and quick processing times. As a result, the partnership is built on a robust technical base.

Both companies are working together toward a shared long-term goal. AEON and Conflux plan to create a world where digital currency transactions are as simple and easy as paying with cash or a credit card. They plan to empower everyone involved in the economy. By working together, they are creating a decentralized economy where people can use digital currencies for more than just holding them for the long term.

In April, AEON teamed up with the popular Stellar blockchain. The goal of this previous partnership was to facilitate transactions done with these tokens: $XLM and USDC. AEON further pursues its goal of making crypto part of everyday transactions by working with Conflux.

The collaboration between AEON and Conflux is set to boost the growth of the global crypto economy. It demonstrates how these assets could be used daily instead of just kept for investment purposes. This partnership is likely to accelerate the global adoption of cryptocurrencies, particularly in regions where access to traditional systems may be limited.