Rezolve AI Acquires Smartpay in $1 Billion Stablecoin Payment Push

- Acquisition of Smartpay, a fintech platform processing over $1 billion in annual USDt transactions in Latin America and Africa. - Move strengthens Tether partnership and advances merchant-fee-free blockchain initiative. On October 7, 2025, Rezolve AI announced its acquisition of Smartpay, a financial technology platform specializing in stablecoin payments across Latin America and central Africa. According to reports on October 7 by GlobeNewswire, StreetInsider, and TradingView, the deal accelerates the integration of artificial intelligence and blockchain technology into global payments. The companies did not disclose the financial terms of the acquisition. Smartpay holds a dominant presence in countries like Brazil, Argentina, Colombia, and Angola. For the year ending September 30, 2025, it processed over $1 billion in USDt (Tether stablecoin) transactions across 19 million commercial payments. The platform allows consumers to transact using stablecoins while merchants receive payments in their local fiat currency, which reduces exposure to market volatility. This acquisition aligns with Rezolve AI’s long-term strategy to establish a merchant-fee-free, blockchain-based payment network, which uses proprietary "Brain Checkout" technology to guarantee immediate fiat currency settlement. As a result, this technology unlocks mainstream adoption of digital assets for payments, allowing merchants to benefit from instant, secure, and reliable settlements. On October 7, Rezolve AI CEO Daniel M. Wagner said, “Smartpay gives Rezolve a proven, transaction-tested foundation to scale our digital asset payment initiative globally.” Smartpay’s founder, Rocelo Lopes, will now lead Rezolve AI’s Digital Currency Initiative, where he will expand the company's multi-asset payment system worldwide. The partnership highlights a growing consensus in the financial technology industry that artificial intelligence and blockchain are crucial for driving the next wave of cryptocurrency adoption. In addition, the deal deepens Rezolve AI's collaboration with Tether, the issuer of USDt. As of 16:08 UTC on October 7, Tether USDt (USDT) was priced at $1, marking a 0.005% change over the last 24 hours, while its volume increased by a notable 24.887% over the same period, according to CoinMarketCap.