PlatON Monthly Report: February 2025
PlatON is an open financial infrastructure initiated and promoted by the LatticeX Foundation. Built upon the Topos payment and clearing network, it provides enterprise-grade payment solutions for banks, payment institutions, and large commercial organizations. PlatON is constructing a payment “highway” that bridges traditional finance and the digital economy. Equipped with financial-grade capabilities such as high-frequency transaction processing, rapid settlement, and multi-asset smart contracts, it supports global demands including cross-border payments, institutional clearing and settlement, and compliant digital asset management.
01 — Technological Progress
TOP WALLET
TOP WALLET version 1.4 has completed development and is currently in the testing phase. It is expected to be officially released in March. This update optimizes the backup method and process for MPC key sharding and adds the capability for multiple devices to log in and manage the same AA wallet account.
TOPOS RemiNet
1）Technical integration and testing in a mainnet environment are underway with Middle Eastern partners for the AED to PHP collaboration, aiming for small-scale business operations on the mainnet by March.
2）Channel development in Pakistan, Vietnam, Thailand, and Indonesia is still under business communication.
TOPOS Cross-chain Acquiring System
1）Steady growth in business volume in February, completing over 3 million USD in acquiring and exchange transactions.
2）The cross-chain remittance feature is now live, with daily cross-chain transactions exceeding 100,000 USDT.
3）Phase two of the GIMLET platform development has begun, aiming to connect more bank account providers to help clients improve their receipt, payment, and currency exchange experiences.
TOPOS B2B Collaboration
1）Completed the POC phase of technical work with TradeGO and announced it at Consensus Hong Kong. Achieved seamless integration of stablecoins with TradeGO’s eBL system, facilitating trade enterprises to quickly create “stablecoin letters of credit” for electronic bill of lading exchanges.
2）TOPOS will develop enterprise-level AA wallet services on PlatON, integrating GIMLET platform’s fiat deposit/withdrawal and MINT functions to provide enterprises with multi-national stablecoin account systems and business system embedding services, promoting more efficient and low-cost international trade settlements.
02 — PlatON News
LAT Listed on Latin America’s Largest Digital Asset Investment Platform Mercado Bitcoin
On February 11th, Mercado Bitcoin officially listed LAT and opened the LAT/BRL trading pair. As the largest digital asset investment platform in Latin America, managing assets for 4 million clients, this listing marks an acceleration of LAT’s global expansion strategy and further extends its reach into emerging markets.
PlatON Attends Consensus Hong Kong and Co-hosts Panel on “Stablecoins: Shaping the Future of Payments”
From February 18–20, PlatON attended the globally renowned blockchain summit Consensus Hong Kong, presenting cutting-edge Web3 payment solutions. In collaboration with Coindesk, the conference organizer, PlatON co-hosted a roundtable forum themed “Stablecoins: Shaping the Future of Payments.” The forum brought together numerous prominent guests from the industry, including Wei Zhou, CEO of Coins.ph; Jason Tay, Commercial Director of StraitsX; Joy Cham, Founder of 8Hexa & Gimlet; and Tan Siang, VP of TOPOS. They engaged in in-depth discussions on the mainstream potential of stablecoins, the growing market in Southeast Asia, the path from niche to mainstream payments, and the future outlook for Web payments in 2025.
PlatON and TOPOS to Attend 2025 Japan Fintech Week
PlatON and TOPOS will jointly participate in the 2025 Japan Fintech Week from March 3–7, including the GFTN Forum. Hosted by Japan’s Financial Services Agency (FSA) and the Fintech Association of Japan, the event aims to catalyze business opportunities and promote the continuous growth of fintech innovation. The GFTN Forum will delve into exploring Agentic AI, Quantum Computing, and Digital Assets amid global economic and geopolitical shifts.
03 — Community Events
PlatON Co-Hosts AMA: “The Future of Web3 Payments — Barriers & Opportunities”
On February 13th at 10 a.m. EST, the AMA event titled “The Future of Web3 Payments — Barriers & Opportunities” was co-hosted by MetaEra, PlatON, and BitMart. PlatON CTO James Qu attended the event and engaged in a discussion with Andy, Co-Founder of TEVAU; Moku, CMO of Umy; HM, Growth Head of TradeOS; Mike Massari, Head of Research and Partnership at AEON; Leona Gan, Head of Business Development at FOMO Pay; and Foo Kai Siang, Legal and Compliance Counsel at WSPN. Together, they explored the challenges and opportunities of Web3 payments.
PlatON Launches $200U Community Giveaway
On February 6th, PlatON Launched a $200U giveaway for its community. By completing the latest mission on Galxe by PlatON, users have the opportunity to win rewards.
DeworkHub Hosts AMA Event on “AI Powering PlatON Payment Ecosystems”
On February 15th, DeworkHub, a project within the PlatON community ecosystem, hosted an online AMA with the title “AI Powering PlatON Payment Ecosystems.” The event featured in-depth discussions with PlatON community developers Spencer and Rousseau, Head of Developer Relations at Monallo AI, and Fellow at Web3.0 Artists Association BeautyZ. Topics covered the current progress of PlatON community ecosystem, how artificial intelligence empowers payment ecosystem development, application scenarios of DeFAI in payment systems, and AI-driven multi-source heterogeneous collaboration for high-frequency trading scenarios on PlatON.
