Xsgd The digital asset space is rapidly evolving, with a significant focus on innovative platforms that facilitate seamless transactions and foster economic growth20221017—36Kr Holdings Inc. is a prominent brand and a pioneering platform dedicated to serving New Economy participants in China with the mission of Within this dynamic environment, the 98PKRplatform emerges as a noteworthy contender, hinting at a broader ecosystem of digital financial solutionsLists of virtual asset trading platforms - Hong Kong While the specific functionalities of "98PKRplatform" are not explicitly detailed in the provided search results, the surrounding information paints a compelling picture of the region's advancements in stablecoins, cryptocurrency exchanges, and cross-border payment initiatives2025915—The effort provides aplatformthat is auditable, supervised, and scalable. Hong Kong licensing stablecoin issuers and standing up
Several key entities and their contributions shed light on the potential scope and impact of such platforms2018131—The early work will look to use blockchain technology to restrict duplicate invoice financing, a problem which has long plagued the trade StraitsX, a prominent player, has been instrumental in the adoption of stablecoins, notably the XSGD, a Singapore dollar-backed stablecoinNextPls is building the world's 1st truly global digital wallet where you can be anywhere and open an account plus take care of all your financial transactions Their initiative to launch XSGD on the XRP Ledger (XRPL), a transparent and accessible public blockchain, signifies a move towards greater interoperability and wider availabilityQredo Gets Amongst It at Singapore's Token2049 Further demonstrating their commitment to real-world applications, StraitsX is actively involved in piloting stablecoin-enabled QR payments between Singapore and Thailand, utilizing XSGD for real-time settlement2025915—The effort provides aplatformthat is auditable, supervised, and scalable. Hong Kong licensing stablecoin issuers and standing up This move, alongside partnerships with giants like Alipay+ and Grab, underscores an aggressive strategy to integrate stablecoins into everyday payment systems across Southeast AsiaLongbridge Singapore Singapore's licensed cryptocurrency payment institution Commission | Invest in Stocks
The regulatory landscape also plays a crucial role in shaping the functionality and trustworthiness of any digital asset platformHong Kong-Singapore Are Quietly Building A Regulated Both Hong Kong and Singapore are actively establishing frameworks for digital assetsJul 27. According to Binance market data, BNB surged past 7 to set a new all-time high and is now trading at 1.54, up 0.80% over the past 24 hours. Hong Kong, through its Securities and Futures Commission (SFC), publishes lists of licensed virtual asset trading platforms, providing clarity for investors and businessesnextpls Similarly, Singapore is positioning itself as a focal point for the crypto industry, with events like Token2049 highlighting its significanceJapan's first deposit-based stablecoinis a digital currency that combines price stability and reliability based on deposits from local banks. The mention of Singapore's licensed cryptocurrency payment institutions signifies a maturing market that prioritizes compliance and securityPlug and Play Singapore | Corporate Innovation
Beyond stablecoins and exchanges, the broader ecosystem is being bolstered by innovation hubs and financial technology companiesnextpls Plug and Play Singapore acts as a regional hub for investments and innovation, driving technological advancementsQredo Gets Amongst It at Singapore's Token2049 Longbridge Singapore, a Monetary Authority of Singapore (MAS)-regulated brokerage, offers low-fee investment services for various assets, indicating a broader adoption of digital financial toolsLists of virtual asset trading platforms - Hong Kong The emergence of entities like Alchemy Pay, founded in Singapore in 2017, further exemplifies the region's leadership in creating payment gateways that bridge the gap between traditional fiat currencies and cryptocurrencies20171115—The goal of the project is to build an information highway using DLT between the Hong Kong Trade FinancePlatformand the National TradePlatformin Singapore. Alchemy Pay's mission to seamlessly connect these worlds for businesses and developers is crucial for scalable adoptionnextpls
The concept of stable value is also being explored through different approachesSingapore's licensed cryptocurrency payment institution The development of Japan's first deposit-based stablecoin showcases an alternative model that combines price stability and reliability rooted in local bank deposits, contrasting with asset-backed or algorithmic stablecoinsPlug and Play Singaporeis the regional hub for our investments and innovation platform in Southeast Asia. We drive innovation. This diverse approach to stablecoin design suggests a robust exploration of mechanisms to ensure trust and usability2022317—TP ICAP revealed on Thursday its plans to launch an electronic Foreign Exchange tradingplatformin Singapore.
Underlying these advancements is the growing utilization of blockchain technology2018131—The early work will look to use blockchain technology to restrict duplicate invoice financing, a problem which has long plagued the trade The earlier work on blockchain platforms to streamline trade in Asia, specifically by restricting duplicate invoice financing, highlights the potential for distributed ledger technology (DLT) to address long-standing inefficiencies in traditional finance2025116—StraitsX and KASIKORNBANK will pilot stablecoin-enabled QR payments between Singapore and Thailand, using XSGD for real-time settlement. The joint project between Hong Kong and Singapore to build an information highway using DLT between their respective trade finance platforms further underscores the commitment to leveraging this technology for improved cross-border commerce20171115—The goal of the project is to build an information highway using DLT between the Hong Kong Trade FinancePlatformand the National TradePlatformin Singapore.
While the precise nature of the 98PKRplatform remains to be fully elucidated by the search results, its existence within this context suggests it could be a component of a larger digital financial infrastructureThe XRP Ledger (XRPL) is a decentralized, public blockchain led by a global community of businesses and developers looking to solve problems and create value. Potential functionalities could include features offered by platforms like 36Kr Holdings IncJul 27. According to Binance market data, BNB surged past 7 to set a new all-time high and is now trading at 1.54, up 0.80% over the past 24 hours., which serves New Economy participants, or the global digital wallet ambitions of NextPls, aiming to centralize financial transactionsLists of virtual asset trading platforms - Hong Kong The ongoing developments in the region, from the widespread adoption of stablecoins like XSGD to the regulatory clarity provided by entities in both Hong Kong and Singapore, and the innovative solutions offered by companies such as StraitsX and Alchemy Pay, indicate a fertile ground for new and advanced digital asset platformsAlchemy Pay - Bridging the Fiat and Crypto Global The search intent for understanding these various platform offerings, from the specific functionalities of entities like Plug and Play Singapore and Longbridge Singapore to broader concepts like Japan's first deposit-based stablecoin, suggests a strong market appetite for comprehensive and reliable digital finance solutions{plog:serpgr}
Join the newsletter to receive news, updates, new products and freebies in your inbox.