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2025-06-15 05:40:39 -

Ant Group’s unit to seek stablecoin permits in Hong Kong, Singapore – report
Jack Ma-backed Ant Group Co’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, Bloomberg reported on Thursday, quoting people familiar with the matter. Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the...

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2025-09-08 03:32:10 -

FinTech giant Stripe banks on stablecoin & AI for APAC growth [interview]
FinTech giant Stripe is banking on AI and the adoption of stablecoin as the company grows its footprint in Asia Pacific. “We are optimistic (on the adoption of stablecoin) but we also know that this is still relatively early days. We know the prevalence of the use of stablecoins in Asia Pacific, across the region,” said Sarita Singh, Regional Head and Managing Director for...

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2025-05-29 07:51:35 -

StraitsX partners Ripple to launch XSGD Stablecoin on the XRP Ledger
StraitsX, a Singapore-based digital payment infrastructure provider, announced Tuesday the launch of its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), a decentralized layer-1 blockchain. The firm said in a statement that the deployment marks the first phase of a broader collaboration with Ripple, a contributor to the XRP Ledger and a global leader in enterprise blockchain...

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2025-08-01 02:21:04 -

ZA Global leads $40M Series A2 round in RD Technologies to build Asia’s stablecoin infrastructure
ZA Global, a Hong Kong-based digital finance firm, has led a $40 million Series A2 financing round for fintech firm RD Technologies (RD). This strategic milestone accelerates the development of a regulated stablecoin ecosystem and next-generation Web3 financial infrastructure in Hong Kong, ZA Global said in a statement on Wednesday. As the lead investor, ZA Global’s involvement...

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