AEON Unveils Universal Crypto Settlement Layer for Real-World Merchants

AEON is developing a universal crypto settlement layer that integrates digital assets with existing merchant payment systems. The infrastructure connects blockchain-based liquidity to local acquiring networks, allowing crypto payments across online and offline commerce.

The AEON network addresses the fragmentation between various blockchains, wallets, exchanges, and payment infrastructure. Users can hold assets on one blockchain while merchants expect settlement through another blockchain or bank account. AEON coordinates payment routing, asset conversion, verification, and settlement between these systems.

AEON's QR Pay is integrated with mainstream crypto exchanges and wallets, enabling users to make merchant payments directly from platforms where they already hold their assets. Users do not need to transfer funds into a separate AEON account before making a payment.