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Cryptocurrency News Articles
OwlTing Group Launches OwlPay HarborTM, a Next-Generation Digital Payment Infrastructure
Feb 27, 2025 at 12:44 pm
The Company officially becomes a Stellar Anchor that enables seamless API integration for Web3, DeFi, and digital wallet companies to make compliant
OwlTing, a global blockchain fintech company, today announced the launch of OwlPay Harbor™, a next-generation digital payment infrastructure that enables seamless conversion between U.S. dollars (USD) and the USDC stablecoin.
OwlPay Harbor™ is an official Anchor on the Stellar network, one of the world's fastest-growing payment ecosystems, processing $4.8 billion in transactions and connecting more than 9 million active addresses across 31 U.S. states. The platform simplifies fiat on/off-ramping by minimizing transaction costs incurred by third parties for businesses integrating with the Stellar network, offering competitive fees without charging a monthly service fee.
With enterprise-ready APIs and wide compliance coverage, OwlPay Harbor™ is positioned as a trusted and secure partner for Web3 and decentralized finance players operating in the U.S. OwlTing is also in the process of preparing for applications for relevant licenses in Japan and plans to extend its infrastructure to the Japanese market in the near future.
"OwlPay Harbor™ embodies our vision to bridge traditional finance with digital assets across platforms," said Darren Wang, Founder and CEO at OwlTing Group. "The strong regulatory foundation of the Stellar network makes it an ideal network for us to build on. Together with our robust portfolio of Money Transmitter Licenses and regulatory expertise in the U.S., we can optimally support rising innovators as they smoothly sail through the ever-changing market dynamics."
"We're excited to welcome OwlPay Harbor™ as a Stellar anchor. Their enterprise solution aligns with our mission to expand access to the global financial system," added Denelle Dixon, CEO and Executive Director at Stellar Development Foundation. "As our first Asia-based Anchor partner, OwlTing will play a vital role in accelerating the adoption of Stellar-powered services across multiple regions. Together, we will break down barriers and continue improving the world of financial inclusion."
OwlTing maintains high standards of compliance, integrity, and security through collaborations with partners such as Chainalysis and Sumsub for secured Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. The company has also obtained the ISO 27001 certification, further reinforcing its commitment to minimizing cyber risks. This strong compliance foundation, combined with the strategic Stellar partnership announced in August, positions OwlPay Harbor™ as the go-to enterprise solution for simple USD/USDC conversion.
Moving forward, OwlTing plans to expand the OwlPay Harbor™ infrastructure beyond Stellar to include key networks such as Ethereum, Base, and Solana, ensuring a more versatile and compatible API experience for businesses operating within the broader blockchain ecosystem.
Key Features of OwlPay Harbor™:
About OwlTing Group
Founded in 2010, OwlTing is a global blockchain fintech company based in Taiwan with branch offices in the U.S., Japan, Singapore, Hong Kong, Thailand, and Malaysia. In 2022, it was selected by KPMG and HSBC as "the Leading 3 Emerging Giants in Taiwan". With the mission to usher in the digital transformation of traditional payment processes while ensuring legal compliance, OwlTing introduced OwlPay®, a Web2 and Web3 hybrid payment solution to empower global businesses to operate confidently in the evolving digital landscape. For more information, visit https://www.owlting.com/portal/.
About Stellar
Stellar is more than a blockchain. Powered by a decentralized, fast, scalable, and uniquely sustainable network made for financial products and services and a thriving and passionate ecosystem that includes a non-profit organization driven by a mission, Stellar is paving the path to unlock the world's economic potential through blockchain technology. Built with speed and low costs in mind, the Stellar network provides builders and financial institutions worldwide a platform to issue assets and to send and convert currencies in real time creating real-world utility.
About the Stellar Development Foundation
The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of Stellar, an open-source network that connects the world's financial infrastructure. Founded in 2014, the Foundation helps maintain Stellar's codebase, supports the technical and business communities building on the network, and serves as a voice to regulators and institutions. The Foundation seeks to create equitable access to the global financial system, using the Stellar network to unlock the world's economic potential through blockchain technology. For more information, visit https://stellar.org/foundation.
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