TechFlow news: Yuanbi Technology has announced a letter of intent to collaborate with Hong Kong-licensed virtual asset exchanges HashKey Exchange and Allinpay International. The three parties will explore stablecoin applications and redefine the user experience of payment services.
The cooperation covers online and offline transaction scenarios for stablecoins, leveraging each party's business and product strengths in areas including digital currency trading services, offline merchant acceptance networks, and stablecoin research and development technologies.
Yuanbi Technology will launch a Hong Kong dollar-pegged stablecoin called "HKDR," working jointly with HashKey Exchange and Allinpay International to create enhanced cross-border payment solutions, as well as expanded trading scenarios and ecosystems for stablecoins.
Previous report: Xiong Feng stated that HashKey will partner with Yuanbi Technology to issue a stablecoin.
