Payment giant Worldpay plans to directly participate in the verification process of blockchain transactions and aims to enter the blockchain infrastructure

ChainCatcher news, according to Bloomberg, Worldpay Inc. plans to directly participate in the process of validating blockchain transactions for a better understanding of how digital ledgers operate.

Sanchit Mall, Head of Web3 and Crypto for Worldpay in the Asia-Pacific region, stated that the payment provider, which supports over a million merchants worldwide, is in discussions with selected blockchains to become a validator.

"Our idea is to be part of the underlying ecosystem," Mall said in an interview, adding that as future funds flow on digital ledgers, Worldpay intends to engage in blockchain infrastructure.

Mall noted that so far this year, the company has processed $1.3 billion in payments using stablecoins, while that figure was less than $1 billion in 2023.