Introduction
Singapore-based Morph, an Ethereum settlement layer purpose-built for payments, has launched a $150 million Payment Accelerator program aimed at funding payment companies ready to deploy live, real-world transaction activity onchain. The initiative directly targets high-growth verticals like crypto cards, cross-border remittances, and merchant gateways, seeking to capitalize on the surging adoption of stablecoins—which processed over $27.6 trillion in volume in 2024—for faster, cheaper, and programmable settlements.
Key Points
- The accelerator offers multi-track funding with grants, incentives, and liquidity support scaling with deployment milestones and operational needs.
- Eligibility requires near-term production readiness, including a working MVP, compliance with KYC/AML, and demonstrated scale or signed pilots.
- Participants integrate with Bitget and Bitget Wallet, accessing a combined user base of over 120 million for distribution.
Addressing a Fragmented Infrastructure with Strategic Capital
The launch of Morph’s Payment Accelerator comes against a backdrop of explosive growth in stablecoin usage for global commerce, yet persistent fragmentation in payment infrastructure. Morph cited the staggering $27.6 trillion in stablecoin transaction volume processed in 2024 as clear evidence of market demand for faster settlement, lower costs, and programmable payment flows. However, the company noted that much of today’s infrastructure remains reliant on multi-step, legacy processes that slow reconciliation and constrain working capital efficiency.
The $150 million program is structured to bridge this gap by providing aligned capital for companies at different stages of deployment. Funding is distributed across multiple tracks, offering participants access to meaningful grant funding, performance-based incentives, and liquidity support. This support scales from early production phases through to higher-volume deployments, with allocations tied directly to achieved milestones and specific operational needs. “Payments represent the largest and most immediate opportunity for onchain adoption,” said Colin Goltra, CEO of Morph. “The Payment Accelerator is about giving serious operators the infrastructure, incentives, and ecosystem access they need to move real money onchain at scale.”
Focus on High-Impact Verticals and Rigorous Eligibility
Morph is strategically focusing its accelerator on specific “Network Verticals” where onchain payment adoption is already gaining traction at scale. The primary targets are crypto cards, cross-border remittance services, and merchant payment gateways. By concentrating resources here, Morph aims to accelerate the development of live, high-volume use cases that can demonstrate the practical advantages of its Ethereum-based settlement layer.
Eligibility for the program is stringent, reflecting a focus on near-term, measurable impact. Applicants must have a working minimum viable product (MVP) or a live product already in market, a clear fit within one of the designated verticals, and the operational capacity to launch and report on transaction activity. Priority will be given to operators that can demonstrate existing scale, such as meaningful monthly processed volume or established transaction throughput. Teams with signed pilot agreements, where post-launch activity can be easily verified, are also favored.
For infrastructure providers applying, the bar is set even higher. They must demonstrate production-grade integrations, a defined security posture, and a concrete delivery plan that directly enables payment settlement on the Morph network. Crucially, all participants must meet strict compliance requirements for handling real-user payment flows, including alignment with Know Your Customer (KYC) and Anti-Money Laundering (AML) standards, as well as any applicable jurisdictional operating constraints.
Ecosystem Integration and the Path Forward
Beyond capital, acceptance into the Payment Accelerator grants participants significant strategic advantages. Companies gain direct access to Morph’s production settlement infrastructure and receive coordinated go-to-market support. A key benefit is the ability to integrate with Bitget and Bitget Wallet, enabling distribution across a combined ecosystem of more than 120 million users. This connection, facilitated by the guiding Morph Foundation, provides an immediate and vast potential user base for startups looking to scale rapidly.
Applications for the accelerator are now open, with Morph noting that pilot partners are already in progress across the target verticals. The company expects to announce additional partners and provide program updates in the coming months. The initiative positions Morph not just as a technology provider, but as the “native onchain home” for its associated token, BGB, and a foundational player in building the infrastructure for global consumer finance onchain. As Colin Goltra concluded, the expectation is that companies emerging from this $150 million program will become “long-term builders and leaders within the Morph ecosystem,” driving the next wave of real-world, high-value transaction activity onto the blockchain.
📎 Related coverage from: dailyhodl.com
