The collaboration will explore how payment applications on FAST could connect with banking and fiat payment infrastructure through AXON Money’s orchestration layer.

AXON Money, a financial infrastructure company building an orchestration layer for banks, fintechs and businesses, has announced a partnership with FAST, a network focused on payments and agentic payments.

The companies will explore how applications on FAST could connect with the financial providers and payment rails businesses use to move and settle money across markets. The initial focus is on the steps between an onchain payment and funds reaching a recipient through traditional financial systems.

Supporting the full payment journey

A business receiving an onchain payment may still need local currency in a bank account to pay suppliers, cover operating expenses or manage cash. Completing that payment journey can involve conversion, payout providers and bank settlement, each with its own transaction records and processing status.

For payment applications, supporting these requirements means coordinating activity across systems that do not necessarily share the same processes or data.

FAST brings a network focused on payment applications. AXON Money is building infrastructure to coordinate financial operations across banks, payment networks, stablecoins and other digital rails. The partnership will explore where those capabilities could work together.

Areas for exploration

Potential areas of collaboration include:

  • Connecting payment applications on FAST with banking and fiat payment providers.
  • Exploring conversion and settlement flows between digital assets and local currencies.
  • Coordinating payment status and transaction records across onchain and offchain systems.
  • Identifying payment corridors where these connections could address a practical business need.

For example, an application could serve a business that accepts an onchain payment but needs the proceeds paid into a local bank account. Supporting that use case would require coordination between the application, conversion and payout providers, and the receiving financial institution.

The partnership provides a framework for assessing such flows, including the provider coverage, operational requirements and market conditions needed to support them.

About FAST

FAST is a network focused on payments and agentic payments, supporting the development of applications that use blockchain infrastructure for money movement.

Learn more at fast.xyz.

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