BLAQclouds, Inc. announced the continued expansion of its blockchain settlement strategy through ApolloCASH, powered by the Apollo Chain, with new functionality to simplify, scale, and modernize cross-platform digital payments. ApolloCASH bridges traditional fiat rails such as PayPal, Venmo, Cash App, and Zelle with blockchain-based settlement, allowing users to move value across platforms regardless of the provider. At the core is Apollo USD (APUSD), minted only at the time of verified ApolloCASH transactions and issued into a Single-Use Liquidity Pool for that transfer. Upon redemption, APUSD is burned and the corresponding value is settled, after which the liquidity pool is closed and removed, reducing exposure to centralized omnibus accounts, persistent treasury-held stablecoin balances, continuous supply management, and shared liquidity risk.
New Address Book with Single Contact and Batch Contact Import Functionality supports both individual contacts and bulk imports for businesses and teams. Address Book capabilities include creating single contacts for frequent recipients, bulk import of large contact files, one-click send and redeem within each contact, and streamlined management of repeat payments without re-entering recipient details. This functionality enables users to initiate multiple payments efficiently while preserving the transaction-bound settlement model.
Refer & Earn program delivers real-time payouts via smart contract, rewarding 20% of ApolloCASH fees generated by referred users with on-chain visibility and no manual payouts. ApolloCASH Platform Highlights emphasize cross-platform payments across PayPal, Venmo, CashApp, and Zelle, blockchain-based settlement on the Apollo Chain, transaction-level liquidity via SULPs, an Address Book with batch send and one-click redeem, real-time referral rewards, and an API-first architecture for partners and developers.
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