Rezolve AI Acquires Smartpay to Boost USDT Payments
Rezolve AI has acquired fintech firm Smartpay in an deal announced on October 7, merging Smartpay’s USDT-based stablecoin payment infrastructure with Rezolve’s blockchain expertise. Smartpay’s platform, which has processed over 19 million transactions totaling more than $1 billion, converts USDT payments into local fiat and serves merchants across Latin America and Central Africa, where currency volatility is high.
The acquisition enables fee-free merchant checkouts and seamless Tether settlements for online and in-store transactions. Rezolve plans to roll out APIs and developer tools to support cross-border remittances and point-of-sale systems, leveraging stablecoin payments to reduce costs and accelerate settlement. Early pilot programs are expected to increase on-chain volume and strengthen Tether’s market position.
This move underscores the growing demand for stablecoin payments and digital asset integration in retail, e-commerce, and service industries, positioning Rezolve AI as a scalable alternative to traditional payment processors.
Bullish
Rezolve AI’s acquisition of Smartpay significantly expands USDT’s payment rails, likely boosting on-chain transaction volume and demand for Tether in both the short and long term. By offering fee-free stablecoin payments and seamless fiat settlements, the combined platform reduces merchant costs and lowers barriers to USDT adoption across key emerging markets. This increased utility and expanding merchant network should positively influence Tether’s market liquidity and usage, supporting a bullish outlook.