Lydian today announced that it has built an application to allow Clover merchants worldwide to accept digital assets as a form of payment. Clover merchants will be able to download the Lydian app and offer a simple “Pay with Crypto” option at checkout. This announcement marks the first all-inclusive digital asset payment solution available to Fiserv-owned, Clover merchants.
The Lydian app will allow merchants to accept payments from more than 300 digital assets — including USDT, Bitcoin, and Ethereum — directly at the point of sale (POS) or online, while continuing to receive settlement in their local currency. For customers, paying with digital assets will be as familiar as tapping a card or scanning a QR code, with no additional complexity for the merchant.
Clover has sold over four million POS devices globally and serves around 700,000 merchant businesses worldwide, creating a large installed base for commerce applications distributed through its marketplace. This positions Lydian to scale rapidly across an existing global merchant footprint. Merchants and sales representatives in nine countries, including the US, UK, Canada, Ireland, Germany, Singapore, Brazil, Argentina, and Mexico, are now able to register via Lydian’s website to be among the first payment innovators.
The announcement comes as stablecoin usage continues to accelerate globally. McKinsey data shows that stablecoin usage has doubled over the past 18 months, as both consumers and institutions turn to digital assets for everyday payments. Regulatory clarity, with frameworks such as the GENIUS Act in the United States and Europe’s MiCA regulation, are providing clearer guidance for how payment providers can responsibly integrate digital assets into mainstream commerce.
Lydian’s platform enables merchants to capture the benefits of digital asset payments — including lower acceptance fees, faster processing and same-day settlement, without taking on volatility or custody risk. Merchants are paid in their local fiat currency, while Lydian manages digital asset conversion and settlement behind the scenes, allowing merchants to activate crypto acceptance without changing their existing POS workflows.
Lydian’s infrastructure connects PSPs to stablecoin liquidity, simplifying compliance and operational requirements. Compliance is built into every stage of the transaction process, with each wallet screened in real time against sanctions lists, fraud databases and high-risk indicators. Any transactions that raise concern are sent for further review before approval.
