BLAQclouds Announces the Successful Live Launch of ApolloCASH

Rhea-AI Summary

BLAQclouds (OTC: BCDS) announced the public launch of ApolloCASH on February 3, 2026, a global remittance and settlement platform using atomic settlement and one-time liquidity pools.

The platform supports funding and redemption across multiple consumer payment rails (PayPal, Venmo, Cash App, Zelle, Revolut, Wise, Chime, Telegram Pay) with UPI in sandbox testing, includes a 20% registered referral fee allocation, and details smart contract addresses and single-use liquidity mechanics for APUSD minting and settlement.

Positive

• Registered referral program awarding 20% of transaction fees to referrers
• Supports many consumer rails: PayPal, Venmo, Cash App, Zelle, Revolut, Wise, Chime, Telegram Pay
• Atomic settlement with single-use liquidity pools reduces pooled-liquidity exposure
• On-chain smart contract integration for APUSD minting and LP token distribution

Negative

• UPI integration is only in sandbox testing, not yet live
• No published financial metrics or commercial volume targets disclosed in the announcement

ROBESONIA, Pa., Feb. 03, 2026 (GLOBE NEWSWIRE) -- BLAQclouds, Inc. (OTC: BCDS), a company focused on Web3 infrastructure, fintech, and Web3 payments, today announced that ApolloCASH has officially launched to the public following successful beta testing by the BLAQclouds VIP community.

ApolloCASH is a next-generation global remittance and settlement platform built on atomic settlement architecture and powered by what the company defines as:

Autonomous Protocol for One-Time Liquidity & Ledger Operations using Cash Rails

The platform enables users to fund and redeem transactions using widely adopted consumer payment rails, including:

• PayPal
• Venmo
• Cash App
• Zelle
• Revolut
• Wise
• Telegram Pay
• Chime

UPI integration is currently operating in sandbox testing.

Unlike traditional peer-to-peer systems, ApolloCASH does not require both participants to be on the same payment application. Funds can be initiated on one rail and redeemed on another, with settlement logic handled autonomously through blockchain-based verification and liquidity provisioning.

Registered Referral Program

ApolloCASH also introduces a registered referral system designed to reward network participation.

Users may register referrals and earn 20% of the transaction fees generated by the platform for every eligible transaction conducted within their network. Earnings are calculated and reflected in real time based on transaction activity across the platform.

The referral structure is built directly into the ApolloCASH ledger logic, ensuring transparent tracking and automated distribution of referral allocations.

ApolloCASH Transaction Flow

ApolloCASH System Architecture Layers

1. Front-End Layer

• Sender payment interface
  
• Receiver redemption interface

This layer allows seamless user interaction without requiring blockchain knowledge.

2. Zero-Knowledge Layer

• zkTLS proof of payment
  
• zkEmail secure validation
• Private, compliance-friendly verification
  

ApolloCASH incorporates privacy-preserving verification methods. The company is currently evaluating deeper integration with ApolloID for enhanced identity validation within a zero-knowledge framework.

3. Apollo Chain Verification Layer (Updated)

• Zero-knowledge payment proof verified on the Apollo Chain
• Funded via onramps including Cash App, Venmo, PayPal, Zelle, Revolut, Wise, Chime and Telegram Pay
• Smart Contract Address: 0xec122E4AA27A8691015B19e616cbf8D313ec799e
  

Smart contract triggers include:

• APUSD mint
• APUSD Bridge with BSC Scan
• APUSD/USDT LP: 0xbe65f11a34e49da4a0d895361646aa27b2edd454
• Single-use liquidity pool creation
• LP token distribution
  

4. Liquidity Engine

• Just-in-time APUSD minting
• No pooled liquidity risk
• Single-use liquidity pool created per transaction
  

Each transaction generates its own liquidity event, reducing systemic pooling exposure and increasing settlement precision.

5. Settlement Layer

• LP → APUSD
• LP → Fiat (via cash-out or on/off-ramp using Cash App, Venmo, PayPal, Zelle, Revolut, Wise, Chime and Telegram Pay)
• Atomic settlement
  

ApolloCASH executes transactions using atomic settlement logic, meaning the transaction either completes fully or reverts — eliminating partial settlement risk.

6. Edge Case Handling

• Automatic refund on invalid proof
• Time-lock fallback
• Unredeemed LP remains valid indefinitely
  

This architecture provides resilience against payment failures and incomplete redemption events.

Shannon Hill, CEO of BLAQclouds, Inc., stated: “ApolloCASH represents the evolution of how value should move in a digital-first economy. By combining zero-knowledge verification, atomic settlement, and one-time liquidity pools, we’ve built a system that removes platform lock-in and eliminates settlement friction. The addition of real-time referral participation further aligns users with platform growth in a transparent and measurable way. This launch marks a foundational step toward autonomous global payment infrastructure that works across the rails people already use.”

Dr. Todd Zang, Member of the Board of Directors, added: “From a healthcare perspective, ApolloCASH has the potential to significantly streamline medical billing, cross-border medical payments, and cash-pay telehealth services. Atomic settlement combined with compliance-friendly verification creates an efficient framework for providers and patients alike. We see strong applicability in telemedicine, direct-pay clinics, and global care coordination.”

ApolloCASH is now live and available to the public at: https://ApolloCASH.io

About BLAQclouds, Inc.
BLAQclouds bridges traditional finance and decentralized ecosystems, building seamless, real-world blockchain applications that simplify commerce and payments. Its mission is to make spending crypto as easy, trusted, and usable as traditional currency.

Flagship consumer applications include:
- ShopWithCrypto.io – Crypto-to-gift card commerce
- BLAQpay.io – Web3 payments and merchant plugins
- DEX.ZEUSx.io – EVM-compatible decentralized exchange
- ApolloWallet.io – Secure, consumer-grade blockchain wallet
- ApolloCASH – C2C Blockchain Based Global Remittance
- ApolloID – TLD name service for .ZEUS and .APOLLO

For a full list of platforms and solutions from BLAQclouds Nevada and Wyoming, visit: www.BLAQclouds.io. For official BLAQclouds updates and information, please join https://www.thealley.io/group/BLAQclouds-inc/discussion.

BLAQclouds, Inc. is registered with FINCEN as an MSB (Money Service Business). The BSA ID registration number awarded by FINCEN is 31000313564202 and is used for ShopwithCrypto.io, DinewithCrypto.io, ZEUSEnergy.io, BitNotify.io, Ampleswap.com, ZEUSChainScan.io, ApolloScan.io, BLAQpay.io, ApolloID.io, ApolloWallet.io, ApolloCASH.io and ZXUSD.io.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of BLAQclouds, Inc. to accomplish its stated plan of business. BLAQclouds, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by BLAQclouds Inc. or any other person.

This press release also contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve certain risks and uncertainties that may cause actual results to differ materially. BLAQclouds, Inc. assumes no obligation to update or revise any forward-looking statements.

Media Contact
BLAQclouds, Inc.
c/o www.theAlley.io  
Email: hello@BLAQclouds.io
Phone: 610-621-4804
Website: www.BLAQclouds.io

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/71094de1-b2bd-4fd9-ba40-4101da551748

FAQ

What is ApolloCASH and when did BCDS launch it?

ApolloCASH is a global remittance and settlement platform launched publicly on February 3, 2026. According to the company, it uses atomic settlement, one-time liquidity pools, and supports multiple consumer payment rails for funding and redemption.

Which payment rails does ApolloCASH support for BCDS users?

ApolloCASH supports PayPal, Venmo, Cash App, Zelle, Revolut, Wise, Chime and Telegram Pay for funding and redemption. According to the company, these rails enable cross-rail settlements without both parties using the same app.

How does the ApolloCASH referral program work for BCDS users?

The registered referral program pays referrers 20% of eligible transaction fees in real time. According to the company, the referral allocation is embedded in ledger logic for transparent tracking and automated distribution.

What is APUSD and how does ApolloCASH handle liquidity on BCDS?

APUSD is the platform's minted token used for settlement via onramps and LP conversion. According to the company, ApolloCASH mints APUSD just-in-time and creates single-use liquidity pools per transaction to limit pooled-liquidity risk.

Does ApolloCASH provide atomic settlement and what does that mean for BCDS users?

Yes. ApolloCASH executes transactions using atomic settlement so transactions either complete fully or revert. According to the company, this eliminates partial settlement risk and includes refund and time-lock fallback mechanisms for edge cases.