Breezepay secures US funding grant to expand stablecoin payments platform

Breezepay have been awarded a US$130,000 grant from the XRPL Grants accelerator program, the only Australian company to secure funding from this current round and one of only seven worldwide.

Ryan Bogatez, the Founder and Chief Executive of Breezepay, said the funds will be used to expand the company’s stablecoin payments gateway platform, scale up its technological infrastructure, and foster partnerships that will bring its payment solution to a wider audience.

“We’re beyond excited for this opportunity that XRPL Grants has provided us,” said Bogatez.

“This grant isn’t just a financial boost—it’s a vote of confidence in our vision to make stablecoin payments as commonplace and simple as using cash or cards. We’re ready to take the stablecoin payment experience to new heights, making it more inclusive and accessible for everyone,” Bogatez added.

The XRPL Grants judging panel assessed 130 international applications for the current round of funding, with Breezepay’s Bogatez and other team members outlining how their platform will bridge the gap between the complex world of stablecoins and the everyday shopping experience.

“The judges were impressed by our vision for an ‘easy breezy’ payment process and our plan to offers a simple, secure, and swift transaction process for businesses and consumers alike through blockchain technology,” Bogatez said.

The XRP Ledger (XRPL) is a decentralised layer 1 blockchain renowned for its decade-long reliability and stability in tokenising and exchanging crypto-native and real-world assets.

Designed to support businesses and builders, it is powered by XRP, a cryptocurrency purpose-built for payments. Trusted by over 1,000 visionary builders and businesses worldwide, the XRP Ledger offers institutional-grade functionality and built-in features to enable secure, efficient, and scalable financial services and use cases. It’s more than just a blockchain – it’s a global developer community dedicated to transforming future business solutions. Learn more and build your business with confidence at XRPL.org.

To sign up to Breezepay as a user or a merchant, head to www.breezepay.com.au.

The XRPL Grant award comes in the same month that Breezepay’s stablecoin payment gateway product went live on WooCommerce, making Breezepay accessible to any store built on WordPress. To add Breezepay to your WooCommerce store, head to: https://wordpress.org/plugins/breezepay/