BLAQclouds launches ApolloCASH settlement protocol

BLAQclouds, Inc. (OTC: BCDS) announced the launch of ApolloCASH, a settlement protocol that connects traditional payment platforms with blockchain-based liquidity systems, according to a company press release.

The protocol enables users to convert payments made through applications such as Cash App, PayPal, Venmo, Zelle, Wise, and Revolut into blockchain settlement liquidity through single-use liquidity pools. The system uses zero-knowledge proof verification and cryptographic methods including zkTLS, zkEmail and ApolloID to verify fiat payments without revealing user data.

The settlement process involves four steps: ZXUSD is minted, a unique Single-Use Liquidity Pool is created, ownership is transferred to the receiver, and the receiver can redeem for fiat, ZXUSD, or other crypto assets.

"ApolloCASH allows every major cash-based payment app to become a seamless, frictionless global on-ramp into digital commerce," said Shannon Hill, CEO of BLAQclouds.

The company cited BBVA data indicating global remittance flows reached approximately $887 billion in 2024, with an average cost of 6.35% and transaction times between 1-5 days. ApolloCASH aims to reduce settlement times to minutes through blockchain mechanisms.

The protocol will be integrated across BLAQclouds platforms including ShopWithCrypto.io, ZEUSxPay.io, and ApolloWallet.io. The system is currently in beta testing with select partners, with a broader rollout scheduled for December 15, 2025 at 5:00 PM Mountain Time.

BLAQclouds plans to open developer and enterprise integrations in the first quarter of 2026. The company operates from Robesonia, Pennsylvania, and develops Web3 infrastructure applications.

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