HUB Cyber Security .(US:HUBC) Globenewswire·2025-11-12 13:30Core Insights - HUB Cyber Security Ltd. is advancing its Trvsthub™ platform, which will utilize the HUB Token (HUBT) to enhance self-sovereign identity (SSI) in a decentralized financial ecosystem [1][2][3] Group 1: Trvsthub™ Platform Overview - The Trvsthub™ platform aims to address challenges in stablecoin transactions, cryptocurrency payments, and cross-border remittances, enhancing efficiency, compliance, and trust [1][2] - HUBT will serve as the native utility token for Trvsthub™, promoting participation and ensuring long-term viability in SSI-enabled financial applications [2] Group 2: Strategic Vision and Market Impact - The SSI framework is positioned to mitigate the $7.6 trillion annual economic impact of cybercrime, providing enterprise-grade security to various sectors [3][4] - The stablecoin market is projected to reach $282 billion in 2025, with annual transaction volumes exceeding $27 trillion [4][11] - Traditional remittance corridors, which handle $913 billion in 2025 flows, face high fees of 6-7%, and HUBT aims to reduce these costs significantly [4][11] Group 3: Security and Compliance Features - HUBT will enable ultra-low micro-fees for SSI credential management, facilitating rapid transaction settlements and reducing operational overhead [4] - The platform will incorporate advanced security measures, including hardware security modules, military-grade encryption, and AI-driven anomaly detection to protect transactions [4] Group 4: Adoption and Integration - The integration of SSI in crypto payments could automate merchant onboarding and customer verifications, significantly lowering fraud rates and compliance costs [4] - HUB Cyber Security is inviting developers and financial institutions to explore integration opportunities with the Trvsthub™ platform [5]