Maya partners with Lydian to bring crypto payments to Philippine merchants

MANILA, May 6, 2026— Philippine fintech firm Maya has partnered with digital asset infrastructure provider Lydian to let businesses accept cryptocurrency and stablecoin payments through familiar checkout options such as QR codes, payment links and online checkout, while merchants receive settlement in Philippine pesos.

The companies said the arrangement is intended to make digital asset payments usable in everyday commerce without exposing merchants to crypto price volatility. Under the setup, businesses using Maya Business will be able to receive payment through Lydian’s infrastructure and settle in local currency, according to company statements reported by local and industry outlets.

Maya said it will provide the regulated infrastructure layer for the partnership, including wallet screening, Travel Rule compliance and reporting aligned with Bangko Sentral ng Pilipinas requirements. The move is aimed at addressing long-standing barriers to adoption such as volatility risk, custody concerns and compliance complexity.

The launch comes as the Philippines remains one of Asia’s most active crypto markets, with digital asset ownership relatively high by regional standards. Supporters of the initiative argue that stablecoin-based payments could help bring crypto into mainstream spending, especially for remittances and online purchases.

Lydian, which is backed by Tether and Cantor Fitzgerald, says its infrastructure is designed to let merchants and payment providers accept stablecoins and other digital assets with same-day settlement in local currency. The companies said the service will initially be integrated into existing merchant payment flows rather than requiring a separate checkout process.

For consumers, the proposed “Pay with Crypto” feature would sit alongside existing payment channels, giving users a way to pay with digital assets while merchants still receive peso settlement. That model reflects a broader push in Southeast Asia to make crypto more practical for retail payments without forcing businesses to hold volatile tokens on their balance sheets.

The partnership also highlights how payment firms in the region are increasingly blending traditional financial infrastructure with blockchain-based settlement tools. As regulators continue to scrutinize crypto risks, companies are emphasizing compliance, screening and reporting as part of their pitch to merchants.

Disclaimers: All contents in this article are for informational purposes only and does not constitute any form of advice.Third-party websites and their content are provided for informational purposes and user convenience only. Rola News does not control, endorse, or assume responsibility for any Third-party websites, including their content, accuracy, privacy practices, or any subsequent changes or updates made to them. This article is AI-assisted and has been reviewed by our editorial team.