
Seven blockchain organizations have launched the Blockchain Payments Consortium to unify standards for cross-chain transactions, representing over $10 trillion in annual stablecoin volume.
Fireblocks, Polygon Labs, Mysten Labs, Monad Foundation, Solana Foundation, Stellar Development Foundation, and TON Foundation have established the Blockchain Payments Consortium to create a unified framework for compliant and seamless cross-chain settlements. The group collectively represents over $10 trillion in annual stablecoin transaction volume and aims to standardize processes to improve interoperability and regulatory alignment across blockchain networks.