MAPay is a global healthcare fintech company that is deploying distributed ledger technology to power smart contracts, transacting secure medical solutions.

MAPay's healthcare payment solutions, built on Algorand's blockchain network, has the capacity to transform Bermuda's healthcare system and move $800 million in traditional healthcare payments to the blockchain.

MAPay, a global healthcare technology firm with a focus on decentralized payment networks, today announced it will introduce its own stablecoin on Algorand to improve the efficiency of the healthcare system, starting in Bermuda. With key healthcare partnerships in the US and beyond, MAPay will use Algorand's blockchain as the backbone for its forthcoming advancements in the healthcare sector.