HashKey and ONERWAY Bridge Web3 Settlement with Global Fiat Rails

The collaboration addresses long-standing friction in cross-border commerce, specifically high settlement costs, complex multi-currency accounting, and slow cash flow turnover. By leveraging HSP’s infrastructure, ONERWAY merchants can now settle transactions via stablecoins while maintaining the ability to off-ramp funds into local fiat currencies for operational needs like payroll, supplier payments, and tax obligations.

HashKey Group’s licensed entities provide the necessary custody and OTC services, utilizing the HSP protocol to connect with ONERWAY’s established regulatory framework. ONERWAY holds multiple global licenses—including UK EMI, European PI, and Hong Kong MSO—and maintains principal memberships with major card networks like Visa and Mastercard. This infrastructure allows the partnership to bridge the gap between protocol-level efficiency and real-world commercial application, catering to sectors ranging from e-commerce and gaming to SaaS platforms. As AI-driven payment needs grow, both firms are positioning this integrated model to serve as a scalable standard for programmable, compliant cross-border transactions.