Morph went online with a stable currency payment service for merchants and freelancers, the first to support USDC and USDT. Unlike the common hosting collection programme, this product allows users to connect their wallets and, after payment, the funds are settled directly in the chain to the wallets controlled by the recipient.
Straight to the merchant's wallet.
According to Morph, the new platform provides invoices, payment links and trade panels, and businesses can generate collection pages to view income and expenditure records uniformly. In this process, the company provides, inter alia, a payment interface, does not act as a custodian of the vendor ' s funds and does not require the vendor to deposit the stabilization currency in the Platform ' s accounts.
This means that the recipient can use the funds once the transaction has been identified in the block chain, rather than waiting for the payment processor ' s subsequent transfer balance. According to Morph, this approach would help to reduce the time taken by the business to obtain the return.
However, this time, the company did not disclose details of the Platform rates, transaction limits, support areas, identification requirements, wallet compatibility and smart contract audits. According to Morph, businesses and entrepreneurs have been able to register through the official network since August 12.
Targeting cross-border collection scenarios
According to the company ' s presentation, the first version was aimed primarily at online traders, freelancers and cross-border collection scenarios. Users can initiate a collection request with the client by way of an invoice or payment link, and when the customer completes the payment, the fixed currency enters the specified wallet directly.
Morph positioned the service as one of the cross-border payment instruments on the grounds that traditional bank transfers often required multiple institutions. According to the company, the stabilization currency settlement could be completed within minutes and the enterprise could use the refund money more quickly, but the announcement was not accompanied by independent test data or client cases.
Morph Ecologist Renna Ba said that future businesses dealing with a variety of stable currencies might be as common as today's management of different currencies. At present, however, only USDC and USDT are supported, and the company has not announced a timetable for the subsequent new currency.
American rules are still being refined.
This time it's also considered Morph's payment to the terminal extension. The network launched the Morph Payment Accerator in January of this year with Cobo, focusing on institutional currency stabilization activities, including cross-border payments and high-frequency settlements.
In terms of industry data, Morph cited Visa chain analysis, which stated that stable currency transactions over the past 12 months, adjusted to US$ 10.2 trillion, represented an increase of 65 per cent over the same period. A study released by the company in April this year also estimated that total transactions in the stable currency chain reached $33 trillion in 2025, of which about 60 per cent came from inter-firm payments.
The regulatory framework at the federal level in the United States is still not fully on the ground at a time when the instruments for stabilizing currency payments have expanded. According to the report, Trump signed GENIUS Act in July 2025, which establishes a reserve, foreclosure, information disclosure and regulatory requirements for the issuer of the payment-type stable currency.
The law mainly binds the issuer, not all the vendors receiving the stable currency, but the distribution chain will also be affected. Under the arrangement, United States digital asset service providers will face restrictions in providing non-licensed issuers ' payment-type stabilization notes as of July 2028.
The USDC and USDT that Morph supported this time were released by Circle and Tether respectively. The company did not state whether the service covered all the states of the United States, nor did it disclose the license and compliance process applicable to United States clients.