Group 1 - The company has entered into a non-binding memorandum of understanding to subscribe for shares in a joint venture focused on developing and investing in stablecoins and blockchain-related businesses in ASEAN countries [1] - The expected number of subscribers for the joint venture is between five to ten, with a total fundraising target of approximately $4.5 million [1] - The establishment of the joint venture is anticipated to enable the company to participate in or invest in the stablecoin and blockchain sectors [1] Group 2 - The market capitalization of stablecoins is projected to reach between $500 billion and $750 billion in the coming years, with the U.S. Treasury predicting it could reach $2 trillion by 2028, representing an increase of over eight times from the current level of $260 billion [1] - Stablecoins are experiencing unprecedented growth, with transaction volumes surpassing traditional payment networks; in 2024, stablecoin transaction volumes reached $27.6 trillion, exceeding the combined transaction volumes of Visa and Mastercard [1] - The company observes that the adoption of tokenized cash using blockchain technology is enhancing the ability to complete payments globally in a fast, secure, and cost-effective manner, indicating a potential significant transformation in the payment industry [2] - The circulation of stablecoins has doubled within 18 months starting from January 2024, although they currently facilitate only about $30 billion in daily transactions, accounting for less than 1% of global capital flows [2]
高山企业订立谅解备忘录拟成立合营公司 将参与或投资稳定币及区块链相关行业