PXP, a global omnichannel payment platform processing more than €30 billion annually, today announced a strategic partnership with Stable, a Layer 1 blockchain designed for seamless financial transactions. The collaboration will support stablecoin payment capabilities directly into PXP's existing infrastructure, marking a significant advancement in how merchants can process digital transactions.

The partnership enables PXP to develop a framework for stablecoins within its unified gateway, extending the platform's capabilities beyond traditional payment rails. The work will be focused on ensuring that modern payment infrastructure can accommodate blockchain-based money movement alongside traditional payment rails, as interest and transaction volumes continue to rise. 

Stablecoin adoption is accelerating rapidly across global commerce. According to TRM Labs, annual stablecoin transaction volume increased 83% between July 2024 and July 2025, driving demand for enterprise-grade infrastructure built specifically for high-volume, global settlement. 

"Stablecoins represent a fundamental change in how businesses can move money globally,” said Alex Apergis, Chief Revenue Officer at PXP. “Partnering with Stable gives us the infrastructure to bring those capabilities into our platform and explore new possibilities for our clients. As a technology company, we don't wait for the market to tell us what's next, we build the foundation that lets businesses move quickly when opportunities arise—this partnership expands what that foundation can support."

For PXP, the partnership represents a strategic expansion of its commerce ecosystem beyond traditional payment processing. The company is building a comprehensive platform that includes complementary products and services, positioning itself to support merchants as digital commerce continues to evolve.

"In teaming up with PXP, we are bringing stablecoin payments into the global commerce mainstream, delivering faster, affordable, and accessible digital transactions," said Brian Mehler, CEO of Stable. "As stablecoin usage continues to surge, the market must respond with infrastructure purpose-built for settlement at scale and we are streamlining that entire experience."

The partnership reflects both companies' commitment to making global digital transactions faster, simpler, and more accessible. With PXP's established merchant network and Stable's blockchain infrastructure, the collaboration aims to bridge traditional commerce with emerging payment technologies.