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Chu Tianlong: Plans to Provide Stablecoin and SIM Card Combined Cross-Border Settlement Solution for Partner Banks
Summary: Chu Tianlong revealed during an investor online conference that the company has made progress in the digital currency business in the first half of this year. This includes rapid growth in system development related to digital currencies, delivery of some platforms to a bank for operation, and consolidation of market positions in areas such as ...
Chu Tianlong revealed during an investor online conference that the company has made progress in the digital currency business in the first half of this year. This includes rapid growth in system development related to digital currencies, delivery of some platforms to a bank for operation, and consolidation of market positions in areas such as digital currency hardware wallets and issuance and acceptance terminals. The company is also collaborating with partners to advance cooperation in the field of cross-border payments with digital RMB. Additionally, the company is seizing industry opportunities brought by the legalization of virtual asset trading in Hong Kong by planning to build an eSIM management platform for operators and provide a cross-border settlement solution combining stablecoins and SIM cards for partner banks. So far, the company's digital currency business revenue has seen some growth compared to previous years, but it still accounts for a relatively low proportion of the company's overall revenue.
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Link: Chu Tianlong: Plans to Provide Stablecoin and SIM Card Combined Cross-Border Settlement Solution for Partner Banks [Copy]
