Crypto.com payment blockchain welcomes OSL as first settlement agent

OS Limited (OSL), Paxos and TrustToken join the Crypto.com Chain

Cryptocom Osl

Crypto.com, a cryptocurrency payments platform, announced today that it has welcomed OS Limited (OSL) as its first settlement agent along with Paxos and TrustToken as stablecoin partners for the recently launched Crypto.com Chain.

The Crypto.com Chain is the native blockchain powering Crypto.com Pay, which allows users to pay or get paid in cryptocurrency.

Settlement agents in the Crypto.com Chain network will perform settlement between Crypto.com Chain CRO token and stablecoins.

Stablecoin partners will provide an easy way to move out of stablecoins and will allow for merchants to get paid in supported fiat currencies.

The following three companies have confirmed their intent to join the Crypto.com Chain: 

Settlement Agent:

Stablecoin Partners:

“Settlement agents and stablecoin partners will play a critical role in the Crypto.com Chain, as they will help to ensure sufficient liquidity, manage settlement risk and provide price stability for merchants. We are pleased to be working with three leading players in the industry as we continue to build an inclusive ecosystem for the Crypto.com Chain.”
– Kris Marszalek, Co-founder and CEO of Crypto.com

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