Earlier this year, Anvil and the Blockchain Futurist Conference introduced a way for sponsors to reserve event spots with digital asset-backed promises through digital Letters of Credit instead of paying months in advance, and companies including EukaPay, Digital Spenders Club, Polymath, Stablecorp, APX Lending and MayFlower used the option during the 2026 event while every obligation remained fully secured. Anvil presented the arrangement as a BNPL (buy now, pay later) model built on smart contracts (self-executing blockchain code) and real-time collateral management, with Anvil Research Labs CEO Maximillian Schwartz arguing that unsecured checkout credit creates phantom debt and that digital assets, in a market worth more than $2.3 trillion, are better suited to collateralized credit because they can be monitored and enforced in real time. Schwartz said the broader aim is to connect the 741 million people who owned crypto last year to mainstream financial services, while CoinDesk Research was cited as putting Anvil's addressable markets at $560 billion in BNPL, $2.5 trillion in global trade finance, and $640 billion globally across gambling, subscription services, security deposits and other commitments where capital is immobilized to provide assurance.