Rezolve AI Acquires Smartpay: Merging AI and Stablecoin Payments

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Rezolve AI, an AI-driven commerce platform, has acquired Smartpay, a fintech company specializing in stablecoin-based payments. This acquisition aims to expand Rezolve's digital asset payment network and strengthen its partnership with Tether.

Rezolve AI's Strategic Acquisition of Smartpay

Rezolve AI, a publicly listed commerce platform specializing in AI-driven engagement, has announced its acquisition of Smartpay, a fintech infrastructure company known for enabling stablecoin-based payments since 2019

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. This strategic move highlights the growing convergence between digital assets and AI-powered e-commerce, although the financial terms of the deal were not disclosed.

Smartpay's Impressive Track Record

Smartpay has established itself as a significant player in the stablecoin payment space. Over the 12 months ending September 30, the company processed more than 19 million commercial transactions, representing over $1 billion in USDt (Tether) value

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. Operating across Latin America and central Africa, Smartpay enables consumers to make payments using stablecoins while merchants receive settlement in local fiat currency, effectively combining crypto payment functionality with instant fiat conversion.

Rezolve AI's Expansion Strategy

Rezolve AI, known for its AI-driven platform that simplifies purchasing processes and provides actionable solutions for merchants

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, sees this acquisition as a crucial step in expanding its digital asset payment initiative. The company aims to build a blockchain-based payments network that allows consumers to pay with digital assets while maintaining instant fiat transactions for merchants.

Strengthening Partnerships and Market Position

The acquisition is expected to bolster Rezolve's partnership with Tether, the issuer of the USDt stablecoin. Daniel M. Wagner, CEO of Rezolve AI, stated, "Smartpay gives Rezolve a proven, transaction-tested foundation to scale our digital asset payment initiative globally"

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. This move positions Rezolve AI more competitively in the broader market of crypto merchant payment services, which includes established players like BitPay and Coinbase Commerce.

The Intersection of AI and Crypto Payments

This acquisition aligns with a growing trend in the industry, where AI and cryptocurrency payments are increasingly seen as complementary technologies. A recent study by Reown and YouGov suggests that payments and AI are becoming the primary drivers of crypto's next growth phase

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. This synergy is further exemplified by initiatives like Google's Agent Payments Protocol, which enables AI agents to autonomously initiate crypto transactions, primarily using stablecoins.

Future Implications

Industry leaders, including Galaxy Digital CEO Mike Novogratz, predict that AI agents will become the largest future users of stablecoins, given their need for fast, programmable, and borderless digital payments

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. The Rezolve AI-Smartpay acquisition represents a significant step towards realizing this vision, potentially reshaping the landscape of digital payments and AI-driven commerce.

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