Chu Tianlong: Plan to provide cross-border settlement solutions combining stablecoins and SIM cards for partner banks

By: odaily.com|2025/07/21 23:01:51
0
Share
copy

Odaily News Chu Tianlong held an online exchange meeting for investors. An institutional investor asked: What progress has the company made in its digital currency business in the first half of this year? Chu Tianlong replied that, first, the companys digital currency-related system development business has grown rapidly, and some system platforms have been delivered to a bank for operation; second, the company continues to consolidate its market position in advantageous areas such as digital currency hard wallets, issuance and acceptance terminals; third, it will work with outstanding partners to promote cooperation in the field of cross-border payments of digital RMB. In addition, the company has seized the industry opportunities brought about by the legalization of virtual asset transactions in Hong Kong, and plans to build an eSIM management platform for operators and provide cross-border settlement solutions combining stablecoins and SIM cards for cooperative banks. Up to now, the companys digital currency business revenue has increased to a certain extent compared with previous years, but it accounts for a relatively low proportion of the companys revenue. (Jinshi)

You may also like

Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil

The narrative of RWA is not about traditional finance capturing crypto users, but rather crypto capturing traditional users.

Morning Report | Kraken freezes IPO plans due to difficult market conditions; Polymarket acquires DeFi infrastructure Brahma; World launches AgentKit integrated with Coinbase

Overview of Important Market Events on March 18

Bitmain, mired in controversy, has found its strongest backing in the United States

Bitmain has been mired in controversies over the safety of its mining machines for years, but this has not stopped it from engaging in business cooperation with key members of the U.S. presidential family.

Full text of the Federal Reserve's decision: Maintain interest rates unchanged and expect one rate cut within the year, with Governor Mulan casting a dissenting vote

The Federal Reserve has again kept interest rates unchanged, stating that the situation in the Middle East has an uncertain impact for now. Governor Milan believes that interest rates should be cut by 25 basis points. The dot plot still indicates an expected rate cut once this year.

Guarding billions in assets, yet unable to sustain itself: Tally bids a dignified farewell after five years

Tally chooses to take proactive stop-loss measures instead of stubbornly selling tokens and making promises that cannot be fulfilled.

SEC’s Stance on Crypto Assets: Most Not Considered Securities

Key Takeaways: The SEC’s new interpretation categorizes most crypto assets as non-securities under federal law. This move aims…

Popular coins

Latest Crypto News

Read more