AirAsia MOVE, Intebix, and the Solana Foundation have on Monday signed a letter of intent (LOI) to explore a strategic collaboration which will explore integrating Evo (KTZE), a Tenge-denominated stablecoin on Solana into the AirAsia MOVE platform in Kazakhstan, with the aim of expanding digital payment options and creating a more seamless travel experience.
By combining AirAsia MOVE’s extensive travel distribution network as Asia’s leading travel platform, serving over 17 million monthly active users (MAU), with Intebix’s licensed digital asset infrastructure and Solana’s industry-leading blockchain technology, the initiative aims to explore a real-world application and travel focused use case for Evo stablecoin, AirAsia MOVE said in a statement.
Under this initiative, AirAsia MOVE and Intebix will work together to evaluate the technical architecture, settlement mechanics and regulatory alignment required to pilot Evo on Solana within the AirAsia MOVE ecosystem in Kazakhstan.
The initiative paves the way for a more flexible and innovative digital experience, potentially enabling users to use digital assets across AirAsia MOVE’s global travel ecosystem.
“This initiative reflects AirAsia MOVE’s ambition to redefine the future of travel commerce through innovation and emerging technologies,
“By exploring the utility of the Evo stablecoin and its regulatory pathways, we are not only looking at the future of digital payments, but also strengthening our position as one of the most forward-thinking and innovative online travel agencies (OTAs) in the region,” said Lim Ben-Jie, Chief of People and Partnership Officer at AirAsia MOVE.
As digital asset adoption grows globally, he said this partnership could eventually enable travelers from markets like Kazakhstan to seamlessly book flights and hotels on AirAsia MOVE using digital assets like stablecoin.
Talgat Dossanov, Chief Executive Officer, Intebix, said that at Intebix, they believe digital assets must solve real-world problems to achieve mainstream adoption.
“Through this collaboration, we are exploring how Evo stablecoin can create a faster, lower-friction payment experience for travelers while maintaining compliance within Kazakhstan’s regulatory framework,
“Together with AirAsia MOVE and Solana Foundation, we are building practical use cases that move blockchain technology beyond speculation and into everyday utility,” he added.
Anna Yiran Zhang, Head of Payment Growth, APAC, Solana Foundation, added that Solana is built for high-speed, institutional-grade applications that require near-instant finality and low costs.
“This project exemplifies the real-world impact of blockchain technology in transforming how everyday consumers interact with digital assets through practical, high-frequency use cases like travel,” she added.
The proposed collaboration will focus on ensuring the project meets all regulatory requirements in Kazakhstan.
All parties will now begin a formal period of assessment regarding the technical, legal, and commercial feasibility of the project within the National Bank of the Republic of Kazakhstan’s regulatory sandbox, with the intent to establish definitive agreements for a pilot phase.
Evo stablecoin was launched by Intebix on Solana, with Mastercard and Eurasian Bank in 2025.
It was the first tenge-denominated stablecoin launched within the National Bank of the Republic of Kazakhstan’s regulatory sandbox for digital assets.
This proposed initiative for AirAsia MOVE, facilitated by AirAsia Next aligns with the Capital A’s aim to deliver smarter, faster and more connected experiences across its ecosystem, strengthening the ability to serve customers and partners with greater efficiency and innovation.
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