Quick Breakdown
- KuCoin Pay has partnered with Sri Lanka-based Web3 firm Ceylon Cash to support crypto payments through its CeyPay platform.
- The integration enables merchants and users to accept and spend major cryptocurrencies and stablecoins across online and in-person transactions.
- The move targets real-world crypto adoption in emerging markets, with a focus on payments, fintech infrastructure, and local merchant onboarding.
KuCoin Pay has announced a new partnership with Ceylon Cash, a Sri Lanka–based Web3 and blockchain ecosystem builder, to accelerate real-world crypto payments across the country. The collaboration will see KuCoin Pay integrated into Ceylon Cash’s payments product, CeyPay, enabling users and merchants to transact seamlessly using cryptocurrencies and stablecoins.
The partnership was disclosed on January 29 and reflects a broader push by both companies to bridge global crypto infrastructure with emerging markets where everyday crypto usage is still in its early stages.
KuCoin Pay × Ceylon Cash
KuCoin Pay has partnered with @CeylonCash to power crypto payments via CeyPay, supporting crypto and stablecoin payments across real-world use cases in Sri Lanka.
👉 Learn more: https://t.co/A3HPCYz2c0#KuCoinPay #CryptoPayments #Web3 pic.twitter.com/8vt5GIxjPm
— KuCoin (@kucoincom) January 29, 2026
Bringing crypto payments to everyday commerce
Ceylon Cash operates a wide-ranging Web3 business that spans crypto payments, merchant onboarding, developer tooling, and ecosystem development. Its payment layer, CeyPay, is built to support crypto transactions across online platforms, in-person events, and retail environments.
With the integration of KuCoin Pay, CeyPay will now support major cryptocurrencies and stablecoins, giving users more flexibility at checkout while maintaining a smooth payment experience for merchants. KuCoin Pay supports more than 50 digital assets, including BTC, USDT, USDC, and KCS, making it easier for businesses to accept crypto without added complexity.
The companies say the partnership is designed to remove friction around crypto payments and make digital assets more practical for daily use, particularly in regions where traditional financial infrastructure can be limited.
Strengthening Web3 adoption in emerging markets
Beyond payments, the collaboration highlights a shared focus on grassroots adoption and ecosystem growth. Ceylon Cash has been actively involved in merchant enablement, startup support, and Web3 community initiatives in Sri Lanka, working with global exchanges and local enterprises to build scalable blockchain solutions.
Meanwhile, KuCoin EU launched its fully MiCAR-compliant cryptocurrency platform, providing regulated digital asset services to users in 29 markets across the European Economic Area (EEA), excluding Malta. Users gain access to spot trading, EUR deposits and withdrawals, dedicated customer support, and Europe-exclusive features and campaigns.
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