Seven Blockchain Organizations Form Consortium to Standardize $10 Trillion Stablecoin Payment Infrastructure

Fireblocks, Polygon Labs, Mysten Labs, the Monad Foundation, the Solana Foundation, the Stellar Development Foundation, and the TON Foundation launched the Blockchain Payments Consortium on November 6, 2025. The initiative aims to establish unified technical and compliance standards for cross-chain stablecoin transactions. The founding members collectively process over $10 trillion in annual stablecoin transaction volume.