Making digital money faster, trusted, and interoperable across networks and borders
Fragmented payment experiences
Limited compliance solutions
Pooruser experience
Our mission is to define safe, common standard that can shape better payment experiences for everyone
Towards safe, frictionless, and compliant transactions across networks
publication
Data Consistency as a Foundation for Blockchain Payments
Once a block is finalized, altering its data would require rewriting all subsequent blocks and gaining control over the network’s consensus process, which is computationally or economically infeasible in well-designed systems.
Consensus mechanisms (such as Proof of Work or Proof of Stake) play a central role in consistency by ensuring that all honest nodes eventually agree on a single canonical transaction order. This ordered history is critical for payments, where the sequence of transactions determines whether funds are available and whether a transfer is valid at the time it is executed.
Our founding members
Mysten labs
“The rapid growth in stablecoin adoption shows that the broader payments industry is ready for the shift that next-generation blockchains like Sui, with near-instant settlements and infinite scalability, offer. However, high friction experiences between fiat and blockchain payment systems are a serious barrier to entry for those web2 companies looking to explore stablecoin solutions. The future of hybrid payments will not exist without set standards and solutions for interoperability, which is why Mysten Labs is joining the Blockchain Payments Consortium as a founding member. We are committed to providing common frameworks enabling fast and easy payments activity on any chain.”
Stellar Development Foundation
"Stellar has helped move billions across borders — efficiently, reliably, at scale. But the real unlock for blockchain payments isn't speed, it's trust. BPC is building the shared standards that let different networks, institutions, and regulators actually work together. That's what makes global adoption real."
Fireblocks
“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 infrastructure provider that powers 15% of all blockchain transactions and serves 70% of institutions. The Blockchain Payments Consortium offers a vital platform to achieve this, and we should all actively support its mission.”
The Open Network Foundation
“TON Foundation is helping shape an open Web3 ecosystem for everyone through the apps and platforms they use every day. Through the Blockchain Payments Consortium, we’re uniting networks, institutions, and enterprises to define common standards and make blockchain payments fast, trusted, scalable and global. Together with our partners, we’re laying the foundation for an inclusive, borderless digital economy for everyone.”
Polygon
"At Polygon Labs, we see payments as the most powerful real-world use case for blockchain. The future of payments is about connection and simplicity, making it as easy and reliable as sending a text," said Jamal Raees, head of payments at Polygon Labs. "The Blockchain Payments Consortium brings the industry together around that goal. By building on open and trusted infrastructure like Polygon PoS, we can make blockchain payments seamless and accessible, helping establish it as a core part of global commerce."
Monad Foundation
"Monad Foundation is proud to join the Blockchain Payments Consortium as a founding member. For blockchain payments to scale globally, we must align innovation with the regulatory and operational standards that underpin traditional finance. BPC’s work to define a common framework will help bridge that gap and enable faster, safer, and more consistent payment experiences across networks and borders.”
Solana Foundation
“Solana enables capital to move at the speed of the internet: instantly, globally, and at scale. For this vision to reach its fullest potential, we need shared standards that make blockchain payments as seamless and trusted as any traditional network. As part of the Blockchain Payments Consortium, we’ll help define these standards and unlock utility for users and businesses worldwide.”
What is the Blockchain Payments Consortium (BPC)?
The Blockchain Payments Consortium (BPC) is an industry collaboration focused on advancing blockchain-based payment infrastructure, standards, and interoperability.
The consortium brings together organizations across the payments ecosystem—including blockchain networks, financial institutions, fintech companies, merchants, and technology providers—to develop common definitions, frameworks, and best practices for blockchain-enabled payments.
Through research, working groups, and shared initiatives, BPC aims to accelerate the adoption of blockchain technology in payment systems while improving efficiency, transparency, and global accessibility.
Who can join?
Membership in the Blockchain Payments Consortium is open to organizations involved in or interested in blockchain-enabled payments. This may include:
- Blockchain networks and infrastructure providers
- Financial institutions and payment processors
- Fintech companies and payment service providers
- Merchants and commerce platforms
- Technology companies building payment-related tools
- Academic institutions and research organizations
The consortium encourages participation from organizations across the payments ecosystem to ensure diverse perspectives and practical industry alignment. You can register your interest to get notified as soon as the membership process is open.
What are the benefits of joining?
Membership provides a platform for organizations to help guide how blockchain technology integrates into global payment infrastructure. Through thought leadership, events and working groups, members of the Blockchain Payments Consortium gain the opportunity to:
- Influence the future of blockchain payments through cross-industry collaboration
- Access insights on emerging payment technologies and regulatory trends
- Build partnerships with other organizations across the payments ecosystem
- Contribute to interoperability efforts that enable seamless blockchain payment experiences
- Access support from leading payments companies
- Connect to shape new ideas that improve payments access for individuals and enterprises alike
What is a payments definition?
Within the consortium, a payments definition refers to a clear and standardized description of what constitutes a blockchain-based payment. This is designed to help move us all towards a more standadized way of recognizing and handling payments originating from blockchains, and building towards interoperability.
Standardizing payment definitions helps ensure that organizations across the ecosystem are aligned when building products, designing infrastructure, or developing regulatory frameworks.
Does the consortium develop technical standards?
The consortium may develop reference frameworks, technical guidelines, and interoperability standards designed to support secure and efficient blockchain payment systems.
How are standards formally adopted?
Standards go through a structured process: drafts originate in working groups, go through a member review period, and are then adopted by a supermajority vote of the membership. This ensures broad consensus before anything is published as an official BPC standard.
How does BPC's work relate to existing payment standards like ISO 20022?
BPC's definitions and standards are designed to complement, not replace, existing payments infrastructure. For transactions that involve fiat rails, existing standards continue to apply. BPC focuses specifically on addressing gaps between fiat rails and onchain activity: with the aim of making blockchain-based payments interoperable with the broader payments ecosystem.
Are regulators or policymakers involved?
The consortium may engage with regulators, policymakers, and industry bodies to provide education, insights, and industry perspectives on blockchain-based payment systems. Regulatory bodies and their collaborators are also invited to become members and join in working groups with knowledgeable participants, helping to shape high integrity standards for all.
Is BPC's work publicly available?
Yes. BPC's standards, definitions, and frameworks are designed to be open source and freely accessible. The goal is to create shared infrastructure that any organization can adopt, not proprietary tools locked to specific members.



