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The Hong Kong Monetary Authority requires all HKD stablecoin holders to complete KYC in order to effectively combat Money Laundering.
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I am very curious about whether it can be used, as I find Stripe's solutions to be very interesting.
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Whether Yiwu uses stablecoins or not, directly interviewing will definitely not yield true information. It seems that rural surveys also cannot capture the real voices.
Seeing Yiwu from a different angle can provide a clearer view of its reality. In 2020, China launched the "Card-Free Action". In the early stages of the action, the methods were naturally sharp and indiscriminately applied. While the results were significant, it affected a large number of Yiwu merchants engaged in foreign trade. At that time, a saying circulated: "Those who haven't had their cards frozen don't dare to say they
TRUMP-4.35%
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Congratulations to "Kun" for successfully raising funds. According to Foresight News, BAI Capital, GSR Ventures, a certain Hong Kong listed company, and Eternium Global participated in the investment, with the total amount raised exceeding 50 million USD.
The track endorsed by Hong Kong has already formed its tiers.
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Talked about business at BAKAI BANK and gave a notebook to everyone attending the meeting. Found out that this bank uses The Little Prince as its IP.
I asked them why they used this IP, and they were also very happy that I noticed. They explained that it is because the Little Prince views problems differently from adults, being more imaginative and sincere. They feel that this aligns with their own philosophy, which is why they use this image.
Being willing to make such a choice is inherently playful.
IP-5.4%
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When the wild card is gone, it’s gone. The wild card cannot be completely burned; it will grow back with the spring breeze.
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The various speculations, tracing, and tracking surrounding this ancient Bitcoin address are a manifestation of the unique form of "envy" in the encryption industry.
BTC-3.21%
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Circle applied for a national trust bank license from the United States OCC, and shortly after, Wise applied for the same license, hoping to establish a "non-depository national trust bank."
If approved, Wise can bypass intermediary banks and settle USD payments directly through the Federal Reserve payment system.
Wise is originally from the UK, but they are preparing to move to the US for listing. Clearly, companies in the payment industry know better where to position themselves.
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Recently, Robinhood launched a service for stock tokenization, aiming to allow people all over the world to buy U.S. stocks.
Since Circle's successful listing, the integration of Crypto and traditional finance seems to be progressing exceptionally smoothly. Of course, this smoothness is not what past Crypto purists had hoped for: "The crypto industry delivering a dimensionality reduction blow to traditional finance." Rather, it is transforming into traditional finance formally taking over the crypto industry.
The first to take over is the pricing ability, establishing the standard for issuing
BTC-3.21%
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Currently, the large models from various companies are very useful, and the Agents they have trained are also quite effective. However, the workflows are not very useful.
Organizational relationships are indeed the only factor hindering business development, and the collaboration of colleagues at various stages cannot be perfectly resolved even in the AI era.
Each output at every stage needs to be reviewed before proceeding to the next stage.
AGENT-6.67%
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Recently, I've received a lot of private messages. A few days ago, a friend sold a demo to me, but they haven't fully launched yet, so I won't mention their name.
They first had a discussion with traditional cross-border payment companies and found that their fiat currency costs were indeed low. Therefore, for this part of the fiat currency, they chose to partner with a certain top cross-border payment company.
For the crypto payment part, we found an MPC wallet to provide payment collection and fund management services.
After having Apple and Pen, it becomes an Apple pen. However, like many t
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It's 2025, and the top priority is to change the name "U Card"; it is not elegant at all. It seems very underground, very unclean, and very unconfident.
I suggest renaming it to "Stablecoin Card" which can reflect the concept of global payment through crypto top-ups and is also very suitable for the current wave of stablecoins.
It's the stablecoin year, do you hold a Stablecoin Card?
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Stablecoin Introductory Exam Multiple Choice Questions:
USDC issuer Circle, currently worth $60 billion, which of the following statements is true?
A. The company holds US Treasury bonds worth 60 billion US dollars.
B. The company issued 60 billion USD stablecoins.
C. The company is listed on the NYSE with a market capitalization of 60 billion USD.
D. All of the above.
USDC0.03%
B-4.65%
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Stablecoin Introductory Exam Multiple Choice Questions:
The issuer of USDC, Circle, is currently valued at 60 billion USD. Which of the following statements is correct?
A. The company holds US Treasury bonds worth 60 billion USD.
B. The company issued 60 billion USD of stablecoin.
C. The company is listed on NASDAQ with a market capitalization of 60 billion USD.
D. All of the above.
USDC0.03%
B-4.65%
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He met Wang Ning in 2016, when Pop Mart was still a "grid shop" and had no competitive edge. In Wei Zhe's eyes, human commerce is divided into: "landlords, long-term workers, and short-term workers."
After Pop Mart began investing in its own IP, it transitioned from the role of a "long worker" to that of a "landlord."
This is not over yet. Later, Wei Zhe and Wang Ning met again, and by that time, Pop Mart had already scaled up. Wei Zhe said you have become a "landlord", but do you want to adopt a "double landlord" model?
It's very interesting. We can use this perspective to see where other bus
IP-5.4%
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This book records how he negotiated at the time and his definition of "business". When this book was published, he was young enough to present his most authentic thoughts, always quoting unreasonable prices during negotiations.
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Last year, Elon Musk started obtaining licenses, and by the end of last year, he had already obtained licenses from more than thirty states.
In the states with large populations, it is not easy to obtain a license. I can only get the California driver's license next month, and it will take a few more months to get the New York state license.
Obtain a license before making payments.
ELON-2.2%
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In 1997, Touch ‘n Go issued its first card in Malaysia, while building a transportation Settlement system. Later, with the diversification of road traffic forms, this card could be used to pay for tolls, parking fees, public transport, subways, and other living expenses.
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This man knows best that having a license is what constitutes payment. By the end of 2024, X has obtained payment licenses in over thirty states across the United States, but has not done any external PR.
Due to the strict licensing regulations in states with large populations, licenses will only be obtained gradually this year. The California license will be obtained next month, and the New York license will be obtained in a few months.
After obtaining the license to launch X Money, how will Elon Musk use stablecoins?
ELON-2.2%
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