XT Exchange Launched USDT Scan to Pay Feature
The service lets merchants accept USDT payments via local QR networks, reducing the need for manual currency conversion.
Updated on Oct. 3, 2026 in Financial Services
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XT Exchange has introduced a Scan to Pay feature allowing its 12 million registered users to fund merchant purchases using USDT balances. The service utilizes third-party providers to settle transactions in local currency at participating businesses.
Why it matters
This integration removes the friction of manual asset liquidation for users, potentially increasing stablecoin utility in point-of-sale environments. It follows a broader industry trend of stablecoin adoption, evidenced by a 319% surge in Visa stablecoin-linked card volume in 2025.
Visa processed $5.2 billion in stablecoin-linked card volume in 2025, marking a 319% increase year-over-year. The new XT Exchange feature serves a base of 12 million registered users across 200 countries and regions.
The players
XT Exchange
A global cryptocurrency trading platform headquartered in Victoria, Seychelles, supporting over 1,300 tokens.
Visa
A global payments technology company that tracks and facilitates significant stablecoin-linked financial transaction volumes.
The details
The Scan to Pay system links the XT App directly to existing local QR payment networks. When a user authorizes a payment, a third-party processor handles the underlying USDT-to-fiat conversion and delivers the local currency to the merchant. This mechanism ensures merchants receive funds through traditional payment infrastructure without needing direct cryptocurrency custody.
Timeline
2018: XT Exchange was founded.
2025: Visa recorded $5.2 billion in stablecoin card volume.
March 2026: Visa published its analysis regarding stablecoin volume.
October 3, 2026: XT Exchange announced the XT Pay feature.
Market Landscape
This development aligns with the documented 319% year-over-year increase in stablecoin-linked card volume reported by Visa in 2025. It positions XT Exchange alongside larger payment networks that are successfully integrating digital assets into existing merchant settlement infrastructure.
Operators currently relying on traditional payment processors should monitor whether these stablecoin integrations gain consumer traction in their region. Reviewing current point-of-sale compatibility with third-party QR settlement providers may be necessary to future-proof payment acceptance.
The takeaway
Stablecoin payment integration is moving from speculative trading to functional, point-of-sale commerce. Operators should track the adoption rates of these third-party payment rails to decide if enabling non-fiat payment acceptance provides a competitive advantage for their customer base.
Further reading
For context on how digital asset infrastructure is evolving, visit our Financial Services section.
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