Ingenico Taps WalletConnect to Enable Stablecoin Payments at Checkout

Ingenico has integrated WalletConnect Pay to allow in-store stablecoin payments through its point-of-sale (POS) systems. The integration supports stablecoins like USDC, EURC, and USDT, enabling customers to pay directly from their WalletConnect-compatible wallets without relying on traditional card networks according to Cointelegraph.

The move is part of a broader trend toward the adoption of stablecoin payments in physical retail. Stablecoins, which are digital tokens pegged to stable assets like the U.S. dollar, are gaining traction for their ability to provide fast, programmable, and global value transfer as reported.

The integration works with existing merchant payment systems and does not require hardware upgrades. Transactions are initiated at the POS terminal and settled through WalletConnect Pay's infrastructure, providing an alternative to traditional card rails according to Cointelegraph.

Why Did This Happen?

Stablecoin payments are increasingly being explored as a tool for both consumer and business transactions. The recent passage of the Genius Act has provided regulatory clarity, encouraging more institutions to enter the space according to Investing.com.

Polygon Labs, another major player in the stablecoin payments space, recently announced the acquisition of Coinme and Sequence for over $250 million to strengthen its position in the market as reported.

What Are Analysts Watching Next?

Analysts are observing how merchants and payment providers adopt stablecoin capabilities. While Ingenico has 40 million terminals globally that can support the new integration, adoption will depend on merchant choices and payment provider configurations according to Cointelegraph.

The infrastructure for stablecoin payments remains fragmented, and companies like Polygon are trying to bring key components in-house to streamline the experience for users and businesses as reported.

How Did Markets React?

The stablecoin market has grown significantly in 2025, with total flows reaching $33 trillion, up from previous years. USDT and USDC dominate the space, with combined transaction volumes of over $31.6 trillion according to Cointelegraph.

Market participants are also watching how traditional payment companies like Visa and Mastercard respond to the rise of stablecoin-based solutions. While the market is competitive, Polygon's CEO has emphasized a partnership-driven strategy to expand the overall market as reported.

Stablecoin flows could reach $56 trillion by 2030, according to Bloomberg Intelligence. This growth is being driven by cross-border payment demand and regulatory developments in countries like Canada and the UK according to Cointelegraph.

ClearBank, another financial institution, has also entered the stablecoin space by partnering with Taurus to offer wallet services in the UK according to TradingView.

Merchants using Ingenico's stablecoin integration can choose whether to receive funds in stablecoins or convert to fiat, depending on their business needs according to Cointelegraph.

Refunds are processed through standard merchant workflows, ensuring a familiar experience for businesses. This simplification is a key factor in the potential widespread adoption of stablecoin payments according to Cointelegraph.

WalletConnect CEO Jess Houlgrave highlighted that fees for stablecoin transactions are expected to be lower than traditional card payments, especially for cross-border transactions according to Cointelegraph.

The integration currently supports blockchains like Ethereum, Base, Arbitrum, and Polygon, with support for Optimism and Solana in the pipeline according to Cointelegraph.

The move aligns with broader industry trends, as companies like Visa-linked Rain have raised significant capital to support stablecoin card issuance and infrastructure according to Cointelegraph.

Ingenico's CEO noted that the partnership with WalletConnect Pay addresses growing demand for digital currency acceptance at the point of sale according to Cointelegraph.

Industry analysts, including Haseeb Qureshi of Dragonfly, predict that stablecoin payments will be a major theme in 2026, with crypto becoming more integrated into mainstream commerce according to Cointelegraph.

With the rise in stablecoin usage, companies are also focusing on security and fraud prevention. For example, Seedless Wallet has integrated TrustNFT to combat address poisoning attacks, a growing threat in the space according to Morningstar.

The regulatory environment continues to shape the industry. The Genius Act in the U.S., as well as similar developments in Canada and the UK, are helping to create a more favorable climate for stablecoin adoption according to Cointelegraph.

As stablecoin flows grow, financial institutions are also exploring new use cases. Ant International reported over 2 billion transactions in 2025 and is expanding AI-driven payment and commerce tools to support inclusive growth according to Morningstar.

The broader ecosystem is evolving rapidly, with companies like Polygon, Ingenico, and ClearBank leading the charge in developing stablecoin infrastructure and services according to Investing.com.

Stablecoin adoption is being driven by both consumer and institutional demand, with companies like Western Union and MoneyGram preparing to launch stablecoin-based solutions for faster cross-border payments according to Cointelegraph.

The integration of stablecoin payments into retail environments marks a significant step toward mainstream adoption of crypto-based value transfer systems. As infrastructure improves and regulations clarify, more businesses and consumers are likely to embrace stablecoins as a viable payment option according to Cointelegraph.