Emilia L.

🚀 Stablecoins + QR Payments = A New Era for Vietnam 🇻🇳 The payments world is shifting—from cash and cards to borderless digital dollars. Stablecoins like USDT and USDC are no longer just tools for traders. They’re becoming the fastest, cheapest, and most inclusive way to pay for anything, anywhere. 💡 The numbers: • The global stablecoin market is worth $230B+ today—and growing fast. • Stablecoins offer instant settlement, low fees, and 24/7 global reach. • For the 1.4 billion people without reliable banking access, all you need is a smartphone to connect to the global economy. ⸻ Why Vietnam? Vietnam is one of the fastest-growing digital economies in Southeast Asia. 📊 Key facts: • Mobile payment volume: $226B in 2022, projected to reach $475B by 2025. • The government is actively pushing for a cashless society. • QR code payments are everywhere—700,000+ merchants accept them nationwide. This is a market primed for innovation. ⸻ What We Built at PEXX At PEXX we’ve become the first stablecoin bank to enable QR code payments in Vietnam. Here’s how it works: 1️⃣ Scan any VietQR code. 2️⃣ We automatically detect the merchant via the banking network. 3️⃣ Your USDT or USDC is instantly converted to VND. 4️⃣ Payment is completed—all in under 60 seconds. ⸻ Why This Changes Everything ✅ Tourists can spend stablecoins directly at local shops. ✅ Merchants receive instant VND settlement—no currency exchange hassles. ✅ Cross-border remittance becomes as simple as buying coffee. With 700k+ QR merchants now within reach, stablecoins aren’t just digital assets—they’re everyday money. ⸻ Vietnam’s fintech scene is booming, with global events like Blockchain Week and World Financial Innovation Series showcasing the country’s potential. By combining stablecoin technology with existing payment rails, we’re not just keeping up with the future—we’re helping define it. ⸻ 💬 If you’re in fintech, payments, or blockchain, I’d love to hear your thoughts: • How will stablecoins reshape emerging markets? • What other countries are ready for a leap like this? #PEXX #StablecoinBank #Stablecoins #Fintech #Vietnam #DigitalPayments #FutureOfPayments #Inclusion #Innovation #Web3 #Blockchain

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Tazapay, a Singapore-based global cross-border payments infrastructure platform, has announced the successful close of its undisclosed #SeriesB funding round. The round was led by existing investor Peak XV Partners, with participation from Ripple (US), Circle Ventures, Norinchukin Bank (Japan), GMO VenturePartners,Inc. (Japan), January Capital, and Arc180. Read more: https://lnkd.in/dBk6GHV5 Tazapay, Rahul Shinghal, Eric Jeck #FintechNewsUAE #Tazapay #Funding #Investment #VCs #SeriesB #Fintech #PaymentInfrastructure #CrossborderPayments #DigitalPayments #MENA #Singapore #UAEFintechNews

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Excited to share that DigiFT and CMB International Asset Management have brought the world’s first HK–Singapore Mutual Recognition Fund on-chain via the 𝗖𝗠𝗕𝗠𝗜𝗡𝗧 𝘁𝗼𝗸𝗲𝗻—deployed across Ethereum, Arbitrum, Solana Foundation, and Plume! CMBMINT represents the CMB International USD Money Market Fund, ranked #1 in APAC by Bloomberg (as of July 2025). The fund combines Hong Kong’s financial expertise with DigiFT’s regulated, multi-chain distribution to deliver compliant access and real-time redemption for institutional investors. Learn more: https://lnkd.in/gm5ab6rc

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With the emergence of Web3 technologies, digital assets are poised to play a pivotal role in the evolution of our financial system. Our Head of Fintech Development Department Mourice Pang and Head of Fintech R&D Section Dr. Wylie Chan explored this trend in an article "Web3 Wallet+: Redefining Usability, Security, and Innovation in Digital Finance". First published in Banking Today, the official journal of the The Hong Kong Institute of Bankers, the article delved into how Web3 Wallet+ simplifies digital asset management, lowers barriers for mass adoption, and integrates quantum-resistant security measures to address challenges in digital finance. Web3 Wallet+ represents one of the key initiatives of BEA’s R&D efforts, alongside our other innovative projects. As the advancement of technology continues to shape the future of the industry, we remain dedicated to building all-rounded digital capabilities and enhancing banking experience for our customers.   #BEA #BEASTbyBEA #HKIB #Fintech #Web3

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🪙 Stablecoin issuers in Hong Kong must now be licensed under new rules set by the HKMA — requiring 100% fiat backing, capital minimums, audits and AML checks. 🌏 The aim? Trust, investment, and positioning HK as a regulated crypto leader in Asia Pacific. Only a few licences will be granted in 2026. As Rocky Mui told the South China Morning Post SCMP, success will hinge on having a clear, concrete plan for your stablecoin activities. 🧭 Read the article here: https://lnkd.in/dKgUQ98u #Crypto #Stablecoin #HKMA #Web3 #Fintech #DigitalAssets

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In what is typically a quiet July, SGX TWD/USD Full-Sized Futures broke records, driven by stronger liquidity provider engagement. As the world’s only actively traded Taiwan Dollar futures, it crossed the first $100 million DAV milestone, closed the month with US$ 129 million DAV, with open interest increasing by 63% month-to-month to US$13 million—a clear sign of growing market confidence. (Bloomberg ticker: XDWA <Curncy> CT) SGX USD/CNH FX call options were also noteworthy, with open interest in calls (5,149 lots) far outpacing puts (2,286 lots), resulting in a put/call ratio of 0.4. Implied volatility remains near historical lows, and calls are priced more attractively relative to puts. Despite a 0.72% CNH depreciation against USD, the move was milder compared to other Asian currencies. (Bloomberg ticker: XUC1 <Curncy> OMON) Meanwhile, our recently launched SGX BRL/USD Full-Sized Futures has been gaining traction. In July, it recorded US$131 million in DAV, with over 90% of trades executed during Asian hours at competitive bid-ask spreads of 5–10 bps, reflecting the demand for BRL trading outside onshore hours. (Bloomberg ticker: BRLA <Curncy> CT) 📖 Uncover more market highlights in our latest Listed FX Derivatives report by clicking on the link in the comments section! #SGX #SGXFX #FX #futures #options #CNH #TWD #BRL #INR #KRW 

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Vietnam just got one step closer to formalizing its position as Southeast Asia’s crypto capital. 🏦 MBB, one of Vietnam’s largest banks with 30 million customers, signed an MOU with Dunamu, operator of Upbit (South Korea’s largest crypto exchange and one of the top 3 globally) Here is why it's worth taking note of this tie-up ⚙️ Timing: Vietnam passed its Digital Technology Industry Law in July, officially recognizing and regulating digital assets. The ink is barely dry, and MBB is already moving to build a compliant, secure, FATF-aligned crypto exchange. ⚙️ The numbers are already big: Over 20 million Vietnamese already hold digital assets, putting Vietnam in the global top five. The local infrastructure? Still non-existant/nascent… until now. ⚙️ Global tech meets local scale: Dunamu will transfer Upbit’s technology and compliance expertise. MBB brings distribution muscle, customer trust, and domestic reach. #btc #innovation #crypto #vietnam Dušan Stojanović Fredrik Adolfsson Hoa Trinh Minh Tran Thanh Nam Vu Huong Nguyen, CFA Johan De Geer

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