KuCoin Pay has announced two strategic partnerships this month – with retail giant AEON and Patrice Evra’s Web3 platform WLTG – to advance mobile cryptocurrency payments across retail, e-commerce, and charitable ecosystems. The collaborations aim to bridge traditional finance with decentralized technologies through real-world use cases.
The AEON partnership enables KuCoin Pay’s 40 million users to spend crypto at 20 million physical retail locations using AEON’s chain-agnostic payment infrastructure. Meanwhile, the WLTG collaboration integrates KuCoin Pay directly into a Web3 social platform promoting AI-driven charitable initiatives through Patrice Evra’s athlete network.
These moves come as KuCoin strengthens its position in compliant crypto payment solutions following its 2024 recognition as a Forbes Top 50 Emerging Unicorn. The exchange processed $12.8 billion in spot trading volume last quarter according to CoinGecko data.
KuCoin Pay’s Retail Revolution With AEON
AEON’s Web3 mobile payment solution allows merchants to accept crypto without blockchain technical expertise. The system converts digital assets to fiat instantly at point-of-sale systems through QR code scans. KuCoin Pay users gain access to AEON’s network spanning:
- 15,000+ convenience stores across Asia
- 5,200 supermarkets in Europe
- 800 department stores globally
This infrastructure builds on AEON’s existing partnerships with Alipay and Visa. The company’s CTO noted the collaboration “brings blockchain payments to mainstream retail without requiring merchants to handle volatile cryptocurrencies directly.”
WLTG’s Web3 Charity Ecosystem
Former Manchester United star Patrice Evra’s WLTG platform leverages KuCoin Pay for micro-donations tied to exclusive content and experiences. Features include:
Feature | Description |
---|---|
AI-Powered Campaigns | Algorithmic matching of donors to causes |
NFT Badges | Verifiable on-chain recognition for contributions |
Social Fi Integration | Share donation impact across social media |
WLTG’s beta version attracted 450,000 users in its first month, with 72% engaging in Pay It Forward transactions using KuCoin Pay’s API.
Market Impact and Adoption Trends
The partnerships align with growing institutional interest in compliant crypto payment rails. According to KuCoin’s latest transparency report, Pay service transactions grew 214% YoY in Q1 2025, driven by:
- 38% increase in merchant adoption
- 27% rise in cross-border remittances
- 19% growth in mobile top-ups
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Analysts suggest these integrations could pressure traditional payment processors as Web3 solutions demonstrate scalability. With AEON’s retail footprint and WLTG’s social reach, KuCoin Pay positions itself as a bridge between crypto liquidity and real-world utility.