Algorand Powers Coinify USDC Settlements, Expanding Stablecoin Adoption

TLDR:

• Coinify enables USDC payments on Algorand, streamlining merchant settlements globally.
• Merchants can now receive instant USDC settlements from all supported cryptocurrencies.
• Algorand’s low-cost, secure network underpins faster and cheaper stablecoin transactions.
• Integration advances adoption of USDC for commercial payments across Coinify’s merchant network.

Consumers can now pay using USDC on Algorand via Coinify’s payment gateway, marking a notable crypto adoption step. Merchants can settle payments in USDC on Algorand after customers pay with any supported cryptocurrency. 

The integration offers Algorand users a secure, low-cost method for stablecoin transactions across Coinify merchants. This move aligns with Algorand Foundation’s goal to expand real-world use of USDC and blockchain payments globally.

Coinify’s USDC Integration on Algorand

The Algorand Foundation confirmed the integration with Coinify on November 20, 2025. Coinify, a crypto payment gateway, enables thousands of merchants to accept digital currencies for goods and services. 

USDC on Algorand now appears as a payment option at checkout for all Coinify merchants. Customers selecting USDC on Algorand can complete transactions instantly, benefiting from the network’s speed and low fees.

Merchants receiving USDC settlements on Algorand can now convert customer payments from any supported crypto. The integration streamlines crypto settlements, removing delays and reducing conversion complexity. 

Coinify continues to expand its network, making stablecoin payments more practical for everyday commerce. This integration represents a growing trend of pairing established stablecoins with fast, secure blockchains.

Advancing Stablecoin Payments and Merchant Adoption

USDC on Algorand offers merchants reliable value storage with instant transaction finality. The pairing leverages Algorand’s low transaction costs, supporting microtransactions and larger payments alike. 

By integrating with Coinify, Algorand strengthens its infrastructure for stablecoin-based merchant settlements. This also creates broader opportunities for global adoption, allowing merchants to transact efficiently in USDC.

The integration encourages stablecoin use beyond trading, promoting real-world payments and commercial activity. Merchants can reduce operational friction while offering consumers trusted, blockchain-backed payment options. 

Algorand’s ecosystem benefits from increased transaction volume and practical use cases. Coinify’s integration is part of a wider movement to expand stablecoin payment solutions internationally.

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