BLAQclouds, Inc. (OTC: BCDS), a company focused on Web3 infrastructure, fintech, and Web3 payments, today announced the continued expansion of its blockchain settlement strategy through ApolloCASH, powered by the Apollo Chain, and the ongoing rollout of new user functionality designed to simplify, scale, and modernize legacy cross-platform digital payments.
ApolloCASH is architected to bridge traditional fiat payment rails, including PayPal, Venmo, Cash App, and Zelle, with blockchain-based settlement, enabling users to send and receive funds across platforms regardless of which payment application they use. The platform eliminates platform lock-in and reduces friction in everyday payments by allowing value to move seamlessly between otherwise disconnected ecosystems.
Apollo USD (APUSD): Transaction-Bound Settlement Smart Contract
At the core of ApolloCASH is Apollo USD (APUSD), a purpose-built settlement smart contract deployed on the Apollo Chain. Unlike traditional stablecoin smart contracts that rely on centralized treasury management, omnibus accounts, and continuously circulating supply, APUSD utilizes a transaction-specific mint and burn model.
APUSD is minted only at the time of a verified ApolloCASH transaction and exists exclusively within a Single-Use Liquidity Pool (SULP) created from the fiat value used when sending funds. Upon redemption, APUSD is programmatically burned, and the corresponding value is settled, after which the liquidity pool is closed and removed.
This design minimizes exposure to:
- Centralized omnibus accounts
- Persistent treasury-held stablecoin balances
- Continuous supply management
- Shared liquidity risk
By constraining APUSD issuance to the lifecycle of an individual transaction, ApolloCASH enables deterministic, auditable settlement while reducing systemic and operational risk.
APUSD is a transaction-specific settlement token used solely within ApolloCASH’s settlement process and is not intended for trading or investment.
Single-Use Liquidity Pool (SULP) Architecture
Each ApolloCASH transaction utilizes a Single-Use Liquidity Pool, an isolated, one-time settlement container created specifically for that transfer.
Key features of the SULP model include:
- Transaction-Bound Liquidity: A new pool is created per transaction and destroyed after redemption
- Fixed-Value Settlement: No price discovery, slippage, or market volatility
- No Shared Pool Risk: Transactions are fully isolated from one another
- Atomic Execution: Funding, settlement, and redemption occur in a controlled, auditable flow
- Transparent Audit Trail: Each transaction produces verifiable on-chain records
New Address Book with Single Contact and Batch Contact Import Functionality
ApolloCASH now includes an advanced Address Book feature designed to support both individual contacts and bulk user import functionality.
Address Book capabilities include:
- Creation of single contacts for frequent recipients
- Bulk import of large contact files for businesses, teams, and organizations
- One-click send and redeem functionality embedded directly within each contact
- Streamlined management of repeat payments without re-entering recipient details
This functionality allows users to initiate multiple payments efficiently while maintaining the same secure, transaction-bound settlement model that underpins ApolloCASH.
Refer & Earn Program With Real-Time Smart Contract Payouts
ApolloCASH also introduces a Refer & Earn program designed to reward user-driven growth.
Program highlights include:
- Users earn 20% of ApolloCASH fees generated by each referred user
- Referral rewards are paid in real time via smart contract
- No manual payouts, delays, or reconciliation
- Transparent, on-chain tracking of referral earnings
- Non-Investment or Earnings Promise
This automated incentive structure aligns user participation with platform growth while maintaining transparency and operational efficiency.
ApolloCASH Platform Highlights
- Cross-platform payments across PayPal, Venmo, Cash App, and Zelle
- Blockchain-based settlement on the Apollo Chain
- Transaction-level liquidity using Single-Use Liquidity Pools
- Address Book with batch send and one-click redeem features
- Real-time, smart-contract-driven referral rewards
- API-first architecture for partners and developers
“This release represents a meaningful step forward in making digital payments more flexible and scalable,” said Shannon Hill, CEO of BLAQclouds, Inc. “By combining transaction-specific settlement, user-friendly payment tools, and automated incentives, ApolloCASH delivers a platform designed for how people and businesses actually move money.”
ApolloCASH is scheduled for public launch on February 1, 2026, with early registration currently available at https://www.ApolloCASH.io. ApolloCash is designed for broad, cross-border use, subject to applicable laws and jurisdictional availability.
