Stablezact Builds the Checkout Layer That Makes Crypto Wallets Work at the Point of Sale

Dalius Mikalauskas has watched Asian betting markets move steadily toward crypto deposits for years. When TNW reported on Stablezact's non-custodial checkout infrastructure, which spans more than 300 wallets across over 60 blockchain networks, he recognized it immediately as the piece that has been missing. Crypto is straightforward to hold. Spending it at a merchant checkout, however, is an infrastructure problem that most payment stacks have never properly solved.

Stablezact, founded by fintech veteran Abisoye Falabi, has built the layer designed to close that gap. Asian sportsbooks, where wallet deposits are already a dominant payment method, sit among the operator categories Mikalauskas considers most exposed to this friction, and he points to a guide to Asian bookies as useful external context for understanding how deeply those operators depend on wallet-based payment flows.

“Stablecoins are becoming more relevant in payments, but merchant acceptance is still the missing layer. Stablezact exists to help payment companies and merchants make crypto wallets usable at checkout without forcing businesses to become blockchain experts.”

That, Falabi has said, is the founding premise.

Crypto Has a Checkout Problem That a Wallet Address Alone Cannot Fix

Holding digital assets has never been simpler. Spending them at a real merchant checkout is a different matter entirely. A functioning crypto payment system must account for wallet compatibility across dozens of software and hardware types, supported networks, payment confirmations, checkout flow design, settlement logic, merchant dashboards, webhooks, reconciliation, and ongoing merchant operations. The wallet address is the least of it.

The scale of the compatibility challenge alone is substantial. WalletConnect's network supports more than 700 wallets and connects users to over 80,000 onchain applications, illustrating the breadth of wallet types, connection methods, and blockchain networks that a payment provider must contend with just to offer basic wallet checkout. Stablezact was built against exactly this complexity. Its founding premise, per Falabi, is that merchant acceptance is the missing layer in crypto payments, and that solving it means abstracting away technical depth rather than asking businesses to develop it internally.

Non-Custodial Design and Settlement Separation at the Core of the Architecture

Stablezact's infrastructure currently supports more than 300 wallets across over 60 blockchain networks, through direct integrations and supported wallet connection infrastructure. The architecture rests on two structural choices that distinguish it from custodial alternatives.

First, the design is non-custodial. A customer initiates payment from their own wallet, settlement travels to a destination the merchant designates, and Stablezact does not take custody of customer funds at any point in the flow. Second, the infrastructure separates the customer's payment asset from the merchant's settlement currency. A customer can pay using a supported digital asset while the merchant settles in a supported stablecoin or local currency, without necessarily holding crypto or building internal treasury processes to manage it.

That separation matters for adoption. Merchants and payment providers often resist crypto integration not because of the consumer demand side but because of the operational burden on their own back end. Stablezact's position is that payment companies should not need to build crypto wallet infrastructure from scratch. Its APIs, checkout tools, and payment infrastructure allow them to add crypto wallet checkout as another payment rail alongside existing options, without replacing card networks or existing providers.

Verticals Built for Cross-Border Volume, Digital Commerce, and Agentic Transactions

Stablezact packages its infrastructure for payment companies, payment facilitators, travel platforms, marketplaces, large e-commerce merchants, wallets, and other distribution channels, across online, mobile, in-store, and payment-link environments. The verticals it names as particularly relevant include travel, cross-border commerce, digital goods, gaming, and regions where stablecoins already serve practical payment needs.

Cross-border movement is one distinct capability. Stablecoins can move across borders quickly and outside traditional banking hours, which matters for merchants operating in markets where correspondent banking is slow or settlement windows are narrow. The timing and form of merchant settlement still depends on the relevant market and settlement arrangement, but the underlying speed of stablecoin transfer is a structural advantage for commerce that does not stop at weekends or business-day cutoffs.

Agentic payments represent a separate capability. The infrastructure extends to scenarios where software agents initiate purchases under rules set by users or businesses, an area that has grown in practical relevance as automated workflows become more common in commerce and enterprise software.

Traction exists beyond the pilot stage. Stablezact has processed thousands of live transactions, with payments supporting real-world commerce through ElitesAfrica and other merchants. That volume grounds the infrastructure claim in demonstrated use rather than projected capacity.

A Decade of Fintech Product Work Shaped a Checkout-First Infrastructure Bet

Falabi brings more than a decade of experience across fintech, product leadership, payments, blockchain, e-commerce, and emerging-market commerce. Before founding Stablezact, he served as Head of Product at a crypto exchange with more than one million customers, a position that placed him directly inside the scaling problems that arise when crypto payment volume grows faster than the merchant tooling designed to handle it.

That background produced a specific philosophy. Rather than building toward a blockchain-native merchant ecosystem that requires operators to learn new settlement logic, Falabi oriented Stablezact toward fitting wallet payments into the systems merchants already understand. The goal, as he has framed it, is not to make businesses into blockchain experts but to make crypto wallets work the way card rails work, invisible to the merchant's operations team, reliable at the checkout event, and reconcilable without specialist knowledge.

The thesis connects directly to f1's framing. Adding wallet-based checkout alongside existing payment methods, without demanding that merchants master the underlying networks, is the specific gap Falabi identified from his time managing product at scale inside a high-volume crypto exchange. Stablezact is the infrastructure answer he built from that vantage point.

---

Falabi's checkout-first framing places the weight of stablecoin payment adoption on the merchant-facing layer rather than on consumer education or blockchain literacy. Whether wallet payments become routine at checkout depends less on whether businesses understand how blockchains work and more on whether the infrastructure fits cleanly into systems they already run. That is the product thesis Stablezact is built around.