Key Highlights
- The Blockchain Payments Consortium (BPC) brings major blockchain firms together to make stablecoin payments smoother and more reliable. 🤝
- They aim to create shared standards because nothing says “exciting” like 50-page technical documents. 📄
- Executives claim collaboration is key as blockchain payments grow, despite $15 trillion settled on-chain in 2024. 🤯
Some of the biggest names in blockchain have formed the Blockchain Payments Consortium (BPC), which is like the Justice League but with more whitepapers and fewer spandex suits. 📝
The founding members include Fireblocks, Polygon Labs, Mysten Labs, the Monad Foundation, the Solana Foundation, the Stellar Development Foundation, and the TON Foundation. Fun fact: None of them have a Joker to fight, just each other. 😅
Introducing the Blockchain Payments Consortium (BPC).
A new alliance uniting @ton_blockchain, @0xPolygon, @solana, @SuiNetwork, @StellarOrg, @Mysten_Labs, @monad, and @FireblocksHQ to accelerate the future of blockchain payments. (Read: Let’s stop arguing about which blockchain is the “real” one.)
Together, we’re defining the standards that…
– Blockchain Payments Consortium (@bpconsortium) November 6, 2025
The BPC’s goal is to build a common framework for blockchain payments. Because nothing says “global unity” like forcing seven blockchains to hold hands and walk the same path. 🚦
Currently, each blockchain operates under its own rules. It’s like if every country had a different traffic light system. Welcome to blockchain chaos! 🚦
The BPC will also act as a bridge between blockchains, regulators, and traditional finance. Translation: They’re the middle managers everyone swore blockchain would eliminate. 📉
This comes after $15 trillion settled on-chain in 2024, which somehow made Visa and Mastercard look like small fry. Take that, plastic cards! 💳
But coordination remains a barrier. Because herding cats is easier than herding blockchains. 🐱
Industry-Level Collaboration
Executives say better collaboration is key. Said no one ever at a blockchain conference. 🎤
Fireblocks’ Ran Goldi claims the industry has achieved mainstream adoption. Said while simultaneously trying to merge APIs that hate each other. 😅
“Over the last 18 months, our industry has achieved mainstream adoption, with payments at the forefront. As more established players enter the space, improving how we collaborate, coordinate, and operate together is essential. This is especially critical for Fireblocks, a key…”
– Fireblocks (@FireblocksHQ) November 6, 2025
He added, “The BPC offers a vital platform to achieve this,” which is tech for “please stop arguing over gas fees.”
Stellar’s Raja Chakravorti said blockchain needs trust, standards, and interoperability. And maybe a group hug. 🤗
Mysten Labs’ Lola Oyelayo-Pearson praised Sui’s instant transactions. Cue the dramatic music. 🎬
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2025-11-08 00:25