News
NPP: The First CBDC Platform Consolidating Banking, Payment, and Merchant Services
The financial system plays a significant role in the economy. Merchants form one of the greatest clients of financial institutions, and for years, merchants have been following bank policies religiously. Furthermore, the banking sector has been dormant, with banks operating conventionally with no notable innovation. Although most of them adopted mobile transactions, they were still heavily dependent on traditional systems. Besides, the transactions still have their share of setbacks, especially on fees and unsupported international transfers, making them inefficient.
However, financial technology gurus are waking up to the realization that the financial industry and, more so, banking systems are due for a change. Apollo Fintech, a blockchain company based in North America and Africa, seems to be the new hope for the industry. The company utilizes modern technology, blockchain to revolutionize the banking service experience, including central banks, merchants, and people. Apollo Fintech has successfully integrated banking, payment, and merchant services in a single platform, dubbed the National Payment Platform (NPP), through blockchain technology capabilities.
NPP Banking Service
Merchants have been content with traditional banking procedures and policies as they had no decent alternatives. According to most of them, the challenges associated with traditional banking were a cost they had to pay in their business. The system was generally characterized by slow transaction processing, high cost, limited usability, and inaccessibility. Apollo Fintech is changing the game in banking services and adding some value by giving central banks the ability to introduce a new currency, a digital currency.
Several central banks have, in the past, attempted to launch a digital currency, CBDC, although none of them has been successful. However, the National Payment Platform is providing the necessary infrastructure. The platform will allow any central bank to issue a digital currency and onboard commercial banks, agents, merchants, and the people. That way, banking services will be accessible to all populations provided they own a phone. The digital currency will be held in an online wallet, and users only need to sign up online.
Under traditional banking, over 1.7 billion adults had no access to banking services by 2017. The situation could be blamed on banks’ conditions on opening accounts and the accessibility of commercial banks due to their characteristic of concentration in urban centers. The NPP makes all banking services available on mobile phones, including phones utilizing outdated technology. Deposits and withdrawals will be instant through the online wallets, and they can also link the wallet with bank cards as an additional option for funds top-up or withdrawal. People will have banking services with them wherever they go as long as they have their phones, and all through the day and night. Further, authorized agents will be spread across countries to make the digital currencies and banking services available for the people.
NPP Payment Service
Among the significant challenges with payment services in conventional banking include payment processing speeds, especially for payments made abroad, and transaction fees. The National Payment Platform will solve these problems with the platform’s online wallet, the platform-compatible Apollo Knox Pay, and the CBDC. Users will be able to make peer-to-peer payments using digital assets in their wallets, at reduced costs. The payments will be frictionless, and users can even make payments abroad in minutes.
The platform offers different ways of sending payments, including SMS, its app, offline codes, and QR codes. It will allow economic players to save significantly on waiting times and resources,
NPP Merchant Services
Aside from banking services, merchants utilize other platforms to advertise their goods to catch the eye of potential customers. Some make use of free social media, while others pay for slits in advertising platforms. However, Apollo Fintech’s new payment platform is providing merchants with this functionality.
Merchants using the platform can publish a catalog of their goods and services directly on the payment platform. Interested users can buy the goods and make payments to the merchant directly through the platform. It also features a point of sale system that will allow users to sell their products and services directly and receive payments, although locally.
Summing Up
Apollo Fintech has been among the top companies utilizing blockchain technology to revolutionize various sectors. While this article focuses more on the integration and added capabilities and functionalities in banking, payment, and merchant services, platform users will benefit from blockchain characteristics.
Part of the benefits they will all enjoy is the quantum-resistant data encryption mechanism on an immutable ledger. The immutable and distributed ledger ensures that no more action can be taken once a transaction is complete and recorded. It will be the ultimate platform that solves cybersecurity threats all at once.
Blockchain technology will provide unprecedented safety in the financial sector and foster privacy in an individual transaction. For now, people only have to wait for the first central bank digital currency based on Apollo Fintech’s National Payment Platform and enjoy a seamless experience.
Blockchain
Cross River Bank Launches Integrated Stablecoin Payment Platform
Cross River Bank has launched a stablecoin payment infrastructure integrated directly into its core banking system, marking a major milestone for blockchain-powered finance in 2025. Led by CEO Gilles Gade, the initiative enhances interoperability between fiat banking rails and blockchain networks while ensuring compliance and enterprise-grade security.
This upgrade bridges the gap between stablecoins and traditional banking, offering businesses a faster settlement environment and stimulating market interest through improved payment efficiency and regulatory alignment.
Cross River Bank’s new platform enables seamless interaction between stablecoin transactions and traditional accounts. By embedding the technology into its core system, the bank removes friction typically associated with blockchain payments, creating a unified and compliant framework for real-time transactions. CEO Gilles Gade emphasized the significance of this shift, stating, “We’re building the future of finance… reimagining every corner of banking—from BaaS to lending—to deliver a faster, more connected financial world grounded in safety and trust.” The platform, developed under the leadership of Luca Cosentino, strengthens financial networks through automation, transparency, and speed.
The launch is expected to accelerate stablecoin adoption across business payments and treasury operations. Enterprises seeking secure, blockchain-based financial tools now gain access to a regulated platform capable of handling real-time settlements without compromising compliance. This positions Cross River as one of the first banks to deliver a stablecoin-integrated environment for fintechs, payment processors, and corporate clients.
Industry analysts view this as a pioneering shift. Previous attempts at stablecoin integration often relied on external platforms or fragmented systems. Cross River’s unified ledger approach resolves these issues by offering interoperability, strict compliance, and direct banking support. The move could reshape how enterprises interact with digital assets, enhancing operational efficiency as regulatory clarity around stablecoins continues to evolve globally.
With this step, Cross River Bank moves into a leadership role in the adoption of programmable money, setting the stage for broader integration of blockchain tools within traditional financial services.
Crypto
Binance Launches Junior App for Kids Crypto Education
Binance has introduced Binance Junior, a new platform designed to help children learn about cryptocurrency in a safe and supervised environment. The initiative places a strong focus on kids crypto education, offering parents full oversight of their child’s digital finance activities.
The platform allows parents to manage and monitor every step of their child’s crypto experience. Young users can explore the basics of blockchain, digital wallets, and tokens while parents approve transactions, set limits, and control account settings. This marks a significant shift in the crypto industry toward family-oriented financial literacy tools.
Binance Junior functions as a sub-account under a parent’s main Binance account, enabling secure access while preventing unsupervised interactions. Through hands-on, guided learning, kids can gain early exposure to financial concepts that are becoming increasingly important in the digital age.
Across Europe, interest in youth-focused digital finance education has grown quickly. A 2025 European Banking Authority survey revealed that over 60% of teens expressed interest in learning more about digital finance, including crypto. Binance Junior meets this demand by providing a structured environment that combines learning with real, parent-approved participation.
Another feature of the Binance Junior platform is its emphasis on long-term saving habits. Parents can set up recurring contributions to low-risk digital assets, teaching principles such as diversification, patience, and risk management. This aligns with broader trends in the crypto industry, where educational and savings-focused products are gaining momentum.
In related news, Binance Wallet has activated the second wave of Humanity Protocol (H) airdrop rewards on Binance Alpha. Users with at least 242 Binance Alpha Points can claim 295 H tokens on a first-come, first-served basis. If unclaimed, the threshold will decrease by 5 points every five minutes. Claiming requires 15 Alpha Points, and users must confirm within 24 hours or the claim is forfeited.
Binance’s push into youth financial literacy underscores how digital assets are evolving from niche investments into standard components of modern economic education.
Crypto
SEI Adds Native USDC for Faster Transfers
SEI has officially integrated native USDC through Circle, unlocking faster, cheaper, and more reliable stablecoin transfers across its blockchain ecosystem. This upgrade significantly enhances the network’s efficiency, marking a major milestone for SEI’s push into high-performance DeFi and payments.
With native USDC now supported, users avoid the costly and time-consuming process of bridging stablecoins from other chains. The result is instant settlement, reduced fees, and improved accessibility for anyone using USDC on SEI.
Why Native USDC Matters for SEI’s Growth
Integrating USDC directly into the SEI blockchain boosts both liquidity and utility. As one of the most trusted stablecoins in the world, USDC brings credibility and seamless usability to the network, enabling:
- Faster and cheaper transactions
- Smooth onboarding for users already familiar with USDC
- More reliable infrastructure for DeFi protocols and payment systems
- Greater liquidity for DEXs and on-chain applications
Because USDC is fully backed by dollar reserves, developers can build financial applications that offer stability, precise pricing, and dependable settlement—key components of any serious DeFi ecosystem.
Impact on Users and Developers
For everyday users, native USDC means instant, bridge-free transfers across the SEI network. Payments, trading, and NFT purchases can all be executed with minimal friction.
Developers benefit even more. With stablecoin support now part of the network’s core design, teams can create advanced financial tools—like lending markets, yield applications, and automated trading systems—without relying on external conversion services.
This integration also signals SEI’s ambition to compete more aggressively among Layer 1 blockchains. By prioritizing scalable infrastructure and stablecoin utility, SEI positions itself as a strong option for both retail users and institutional partners seeking high-speed Web3 functionality.
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