Some of the biggest names in blockchain have come together to form a new group called the Blockchain Payments Consortium (BPC) to make stablecoin transactions work smoothly across different blockchains.
The major firms that joined the team are Fireblocks, Polygon Labs, Mysten Labs, the Monad Foundation, the Solana Foundation, the Stellar Development Foundation, and the TON Foundation.
As per the official statement, the consortium’s goal is to build a common framework for blockchain payments, one that works across networks and borders.
Each blockchain currently operates under its own set of technical and compliance rules, causing transactions to be fragmented and often hard to coordinate. BPC seeks to fix that with shared standards for faster, safer, and more compatible payments.
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