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Articlewww.prnewswire.comOwlTing Group1y ago

OwlTing Unveils Integration with Stellar to Support USDC Stablecoin on OwlPay Wallet Pro

OwlTing Group integrated its OwlPay Wallet Pro with Stellar to support USDC stablecoin, enabling compliant cross-border payments for U.S. users. The Taiwan-based fintech received strategic investment from the Stellar Development Foundation as part of an eight-figure funding round.

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OwlTing Group announced that OwlPay Wallet Pro, its digital wallet solution, has integrated with the Stellar blockchain to support USDC stablecoin across iOS and Android. The wallet now operates on six blockchains and leverages Stellar's network of 8 million accounts and $1.6B in payments volume. OwlTing holds Money Transmitter Licenses from 28 U.S. states and uses AI-enhanced compliance for KYC and AML. A key feature allows users to pay Stellar transaction fees in fiat currency rather than acquiring XLM. The Stellar Development Foundation made a strategic investment in OwlTing as part of the company's recent eight-figure funding round from investors across the U.S., Japan, U.K., and Taiwan. OwlTing plans to become a Stellar Anchor Directory member, positioning itself as an on-off ramp for stablecoin access.