AllScale launches Checkout payment solution, aiming to reshape the global stablecoin payment experience

Bijing.com news: On April 10, according to official information, self-custodied stablecoin digital bank AllScale has officially launched its Checkout payment product, aiming to provide a more efficient and secure stablecoin payment solution for global enterprises. This solution supports second-level settlement, enabling real-time liquidity around the clock, and also incorporates an Auto-KYT (automated transaction monitoring) mechanism to further enhance enterprises’ operational security and compliance. With this system, enterprises can access the stablecoin payment network with a lower barrier to entry and accelerate the efficiency of global fund flows. In terms of privacy and data protection, AllScale Checkout uses advanced technologies such as zero-knowledge proofs to protect enterprises’ and users’ sensitive information throughout the entire process, ensuring data security during transactions. Meanwhile, the system has been integrated with more than 1.5 million self-custodied wallets, and more than 20 platforms have already integrated and are using it; enterprises can directly reach a mature Web3 user ecosystem. In addition, users can complete payments through any compatible Web3 wallet, and in the future, automatic cross-chain transfer and exchange functions will be introduced to further reduce complexity of use. AllScale emphasizes that the platform supports a 100% self-custody model, allowing enterprises to fully control their assets, and to manage multiple business scenarios through a unified visual back-office without relying on third-party custodians. In subsequent versions, the platform will also roll out an automatic stablecoin yield feature, supporting assets such as USDC, USDT, etc. to generate yield growth during holding periods, further improving the efficiency of capital utilization.