- Rezolve AI acquires Smartpay to expand its AI-driven stablecoin payments network across Latin America and Africa.
- Smartpay processed over 19 million transactions in the past year, totaling $1 billion in USDt value, bridging crypto payments with local fiat settlements.
- Payments and AI are driving broader crypto adoption, with industry leaders predicting AI agents will become major stablecoin users.
Rezolve AI, a publicly listed commerce platform, has announced the acquisition of fintech infrastructure company Smartpay, a leader in stablecoin-based payments since 2019. The move strengthens Rezolve’s partnership with Tether and expands its digital payments network across Latin America and Africa. Financial terms of the deal were not disclosed.
According to Rezolve, the acquisition will bolster its digital asset payment initiative in partnership with Tether, the issuer of the USDt (USDT$1.00) stablecoin. Over the 12 months ending September 30, Smartpay processed more than 19 million commercial transactions, totaling over $1 billion in USDt value.
Bridging crypto payments and local fiat settlements
Smartpay enables consumers to pay using stablecoins while merchants receive settlement in local fiat currencies, mitigating volatility risks and easing adoption. Competitors in this space include BitPay and Coinbase Commerce.
Smartpay gives Rezolve a proven, transaction-tested foundation to scale our digital asset payment initiative globally.
AI and payments driving crypto adoption
A recent study by Reown and YouGov highlights payments and AI as key drivers for the next phase of crypto growth. Google’s Agent Payments Protocol, developed with Coinbase, allows AI agents to autonomously execute crypto transactions, primarily with stablecoins.
Industry leaders, including Galaxy Digital CEO Mike Novogratz, predict AI agents will become the largest future users of stablecoins, leveraging fast, programmable, and borderless payment capabilities.
