Revolutionary StableCoin payment infrastructure with seamless on-ramp, off-ramp, CCIP cross-chain transfers, and RWA tokenization for the next generation of digital payments.
Bridging Traditional Finance with DeFi Through Algorithmic Stability
OlymPay envisions a future where traditional payment methods seamlessly integrate with decentralized finance, enabling instant, low-cost, and stable cross-chain transactions. We're building the infrastructure that connects fiat currencies to blockchain networks through algorithmic stablecoins, making DeFi accessible to everyday users and businesses.
Our vision is to become the leading payment gateway that bridges the gap between traditional banking systems and the decentralized economy, starting with Vietnam and expanding across Southeast Asia.
High Transaction Costs: Traditional cross-chain bridges charge 2-5% fees, making micro-transactions uneconomical
Slow Settlement Times: Current solutions take 10-30 minutes for cross-chain transfers
Volatility Risk: Cryptocurrency price fluctuations make payments unpredictable for merchants
Limited Accessibility: Complex wallet management and technical barriers prevent mainstream adoption
Fragmented Ecosystem: Different networks require separate infrastructure and user experiences
Regulatory Uncertainty: Lack of compliant fiat on/off-ramps in emerging markets
Vietnam's Digital Payment Market: $15.2B in 2023, growing at 25% annually
Cross-Border Remittances: $18B annually in Vietnam, with high fees (5-10%)
SME Payment Needs: 500,000+ Vietnamese SMEs need affordable payment solutions
DeFi Adoption Gap: Only 2% of Vietnamese businesses use DeFi due to complexity
OlymPay introduces oVND (Olympic Vietnamese Dong), an algorithmic stablecoin pegged to VND, built on Solana and Base networks. Our solution addresses all major pain points:
Algorithmic Stability
USD-pegged stablecoin backed by real-world assets
Advanced algorithmic mechanisms maintain price stability
Collateralized by diversified asset portfolio
Instant Settlement
Sub-second finality on Solana
Near-zero transaction fees (0.1%)
Real-time cross-chain compatibility
Multi-Chain Support
Native support for Solana and Base networks
Seamless asset movement between chains
Unified user experience across networks
Fiat Integration
Direct VND on/off-ramps via ZaloPay integration
Credit card payments through Stripe
Support for USD, EUR, THB currencies
Enterprise Marketplace
Partner integrations with Vietjet Air, SAVICO, HDBank
Real-world product purchases using oVND
B2B payment solutions
Transaction Fees (Primary Revenue)
0.1% fee on all oVND transactions
Projected: $2M annually at 10% market penetration
On/Off-Ramp Services
0.5% fee for fiat conversions
Premium services for high-volume users
Projected: $5M annually
Enterprise Partnerships
Revenue sharing with marketplace partners (Vietjet, SAVICO, HDBank)
White-label solutions for financial institutions
Projected: $3M annually
Cross-Chain Bridge Fees
0.2% fee for cross-chain transfers
Volume-based discounts for enterprise clients
Projected: $1.5M annually
Cost Savings: 90% reduction in transaction fees compared to traditional methods
Speed: Instant payments vs. 1-3 day bank transfers
Accessibility: Simple wallet interface, no technical knowledge required
Stability: Price-stable payments eliminate volatility risk
Lower Processing Fees: 0.1% vs. 2-3% traditional payment processors
Instant Settlement: No chargeback risk, immediate funds availability
Global Reach: Accept payments from any supported network
Integration: Simple API integration with existing systems
New Revenue Streams: Fee sharing on transaction volume
Customer Retention: Modern payment solutions for tech-savvy customers
Regulatory Compliance: Built-in KYC/AML through partner integrations
Innovation: Stay competitive with fintech solutions
Proven Team: 5+ years experience in blockchain development
Security First: Multi-signature wallets, audited smart contracts
Scalability: Built on Solana's high-performance infrastructure
Innovation: Proprietary algorithmic stability mechanisms
HDBank: Direct banking integration and regulatory compliance
Vietjet Air: Real-world use case validation
SAVICO: B2B payment solutions
ZaloPay: Established payment infrastructure
Local Expertise: Deep understanding of Vietnamese market needs
Regulatory Compliance: Proactive approach to regulatory requirements
User-Centric Design: Intuitive interfaces for mainstream adoption
Proven Demand: Validated through pilot programs with partners
Smart Contract Deployment
Deploy oVND token contracts on Solana and Base
Implement algorithmic stability mechanisms
Conduct security audits
Partner Integration
Complete HDBank API integration
Launch Vietjet Air ticket purchases
Expand SAVICO service offerings
User Acquisition
Launch marketing campaign targeting SMEs
Implement referral program
Partner with local fintech influencers
Regulatory Compliance
Obtain necessary licenses for payment services
Implement KYC/AML procedures
Establish legal framework for cross-border operations
Deploy oVND smart contracts
Complete security audits
Launch beta with 1,000 users
HDBank partnership activation
Regulatory compliance framework
Public launch with marketing campaign
Vietjet Air integration
Mobile app release
Target 10,000 active users
$500K monthly transaction volume
SAVICO full integration
Cross-chain bridge optimization
Enterprise API launch
Target 50,000 active users
$2M monthly transaction volume
Thailand market entry
Multi-currency support
Advanced DeFi features
Target 100,000 active users
$5M monthly transaction volume
Philippines and Singapore expansion
Institutional investor integration
Public token listing
Target 1M+ active users
$20M+ monthly transaction volume
OlymPay - Bridging the Future of Payments
Built for HDBank Hackathon 2025
During the hackathon, we built the first prototype of OlymPay, a cross-chain payment infrastructure powered by the algorithmic stablecoin oVND. Our team developed smart contracts on Solana and Base, integrated sandbox APIs from ZaloPay, and created a React-based demo wallet for instant payments and loyalty tracking. We also showcased end-to-end payment flows with oVND issuance, transfer, and settlement. This progress sets the foundation for real-world integrations with HDBank, Vietjet Air, and SAVICO after the hackathon.