KuCoin has introduced a new point-of-sale (PoS) system called “KuCoin Pay.” This system allows users to pay businesses using their exchange balances. Businesses can integrate this tool into their systems, allowing their customers to pay by scanning a QR code or using the KuCoin app.

KuCoin said that this new feature supports around 54 crypto assets. These assets include Bitcoin (BTC), Ether (ETH), Tether (USDT), and USD Coin (USDC). The feature gives businesses access to the KuCoin user base while simplifying the purchasing process for users.

With the crypto payment industry developing in the fourth quarter of 2024, this innovation could encourage wider crypto asset adoption. Share your thoughts in the comments.