据 Financefeeds，Anchorage Digital 宣布推出 "Stablecoin Solutions" 服务，为国际银行提供美国受监管的 数字美元通道，包括发行、托管、法币资金管理及链上结算，支持跨境美元资产转移，无需依赖传统代 理银行关系。服务支持多家稳定币发行，包括 Tether USA₮、Ethena Labs USDtb、OSL USDGO 及 Western Union USDPT（未来发行）。Anchorage Digital 为首家获美国联邦银行牌照的加密原生机构， 受 OCC 监管。 （来源：吴说） ...

Core Viewpoint - Western Union is positioned as a significant player in the global money movement and payment services industry, with a focus on enhancing its Consumer Services segment and maintaining a strong market presence [1][3]. Group 1: Financial Performance and Expectations - Analysts' consensus price target for Western Union's stock has remained stable, increasing slightly from $8.94 to $9.00, indicating confidence in the company's business model [2]. - Analyst Andrew Jeffrey from Truist Financial has set a more optimistic price target of $18, suggesting potential for significant growth [2][5]. - The company is expected to report strong growth in its Consumer Services segment for the fourth quarter, which may lead to an earnings beat [3][6]. Group 2: Operational Insights - Despite challenges such as the suspension of U.S. immigrant visa processing, Western Union's global operations are robust, with 62% of its remittance revenue generated outside North America [4]. - The company is trading at a forward earnings multiple of just 5x, with robust margins of 18% and a well-covered dividend yield of 10% [4]. Group 3: Strategic Initiatives - Western Union's stablecoin initiative, USDPT, is a significant development aimed at enhancing its financial strategy by generating interest on float and reducing banking fees [5]. - A $150 million cost-saving program has been completed ahead of schedule, reflecting the company's focus on efficiency and margin expansion [5][6].

One of France’s largest banking institutions, Société Générale, is launching a euro-denominated stablecoin, EUR Coinvertible, on the XRP Ledger (XRPL) through its digital asset subsidiary, SG FORGE. It is the first time a major European banking institution has selected XRPL as the primary blockchain for a regulated stablecoin deployment. SG-FORGE, which previously launched the EUR CoinVertible (EURCV) stablecoin on Ethereum in 2023, is now expanding to XRPL. Cassie Craddock, Managing Director, UK & Eur ...

Remitly Global (NasdaqGS:RELY) Q4 2025 Earnings call February 18, 2026 05:00 PM ET Company ParticipantsDavid Beckel - VP of Investor RelationsMatt Oppenheimer - Co-founder and CEOSebastian Gunningham - CEOVikas Mehta - CFOConference Call ParticipantsAditya Buddhavarapu - VP and Equity Research AnalystAlex Markgraff - VP and Equity Research AnalystDarrin Peller - Managing Director and Senior Equity Research AnalystRamsey El-Assal - Managing Director and Senior Equity Research AnalystTien-Tsin Huang - Managin ...

Remitly Global (NasdaqGS:RELY) Q4 2025 Earnings call February 18, 2026 05:00 PM ET Speaker5Good day, and thank you for standing by. Welcome to the Remitly fourth quarter and full year 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star one one on your telephone. You will then hear an automated message advising your hand is raise ...

Core Insights - Elemental Royalty has introduced a new dividend option for investors, allowing them to receive dividends in the form of Tether's XAUT, which represents tokenized gold, thereby providing direct ownership of physical gold through investments in gold royalties [1][2] - The company continues to offer traditional cash distributions, but the CEO emphasized that this innovative approach differentiates Elemental as a forward-thinking investment [2] - Elemental's stock price experienced a decline of 7.8% to $19.41 following the announcement, highlighting potential market reactions to the new dividend strategy [3] Financial Context - Tether's XAUT has seen significant growth, with its market capitalization increasing from $714 million to $2.5 billion, reflecting a 66% rise in gold prices over the past year [4] - Earlier this month, the total value of XAUT peaked at $3.5 billion, indicating strong market interest in tokenized gold as a financial asset [4] - Tether's gold holdings are estimated at 140 tons, valued at approximately $24 billion, which partially backs its USDT stablecoin [7] Industry Implications - The integration of tokenized gold into corporate finance, as demonstrated by Elemental, represents a significant advancement for the gold industry, suggesting new financial models that were previously unattainable [6] - Tether's efforts to promote tokenized gold as a medium of exchange, alongside traditional cryptocurrencies, indicate a broader trend towards the adoption of digital assets in various financial applications [5][6]

Financial Data and Key Metrics Changes - The company reported a record revenue of $93 million for the quarter, with a gross operating margin of $32 million, despite a net loss of $91 million primarily due to non-cash charges [44][45] - Adjusted EBITDA for the quarter was $5.7 million, with an annualized revenue run rate of $385 million [45] - The company ended the quarter with 481 Bitcoin in treasury, having mined 879 Bitcoin during the period [45] Business Line Data and Key Metrics Changes - The Bitcoin mining segment achieved approximately 10 Bitcoin mined per day, contributing to an annualized revenue of $350 million [51][60] - The HPC (High-Performance Computing) business reported a significant increase, with a target of $35 million ARR by the end of the current quarter, up from $20 million [48][49] - The Buzz cloud segment generated $5 million in revenue for the quarter, on track to reach a target of $20 million ARR [48] Market Data and Key Metrics Changes - The company operates with 440 MW of capacity globally, with an additional 100 MW expected to come online [46][61] - The company has seen a 70% increase in HPC ARR, driven by new contracts and market demand [48][49] Company Strategy and Development Direction - The company is focused on a conservative growth strategy, avoiding excessive debt while expanding its GPU cloud revenue to $140 million annually [27][28] - The company aims to build out Tier-I and Tier-III data centers in Paraguay, positioning itself as a major player in the region [34][60] - The strategy includes a dynamic HODL approach to Bitcoin management, allowing the company to realize value from its Bitcoin holdings without cash calls [52][63] Management's Comments on Operating Environment and Future Outlook - Management highlighted the volatility in the crypto market, referencing significant events that impacted Bitcoin prices and the overall ecosystem [3][10] - The company remains optimistic about future growth, particularly in the HPC and GPU cloud sectors, citing strong market demand and strategic partnerships [34][49] - Management emphasized the importance of geographic diversification, noting that operations in Paraguay benefited from favorable conditions during colder months in Canada [46] Other Important Information - The company has secured a two-year contract for NVIDIA GPUs, which will enhance its HPC capabilities and revenue potential [48][49] - The company is actively managing its energy consumption and operational efficiency, with a focus on reducing costs per terahash [63] Q&A Session Summary Question: What is the outlook for the company's growth in the HPC sector? - Management indicated a strong growth trajectory, with expectations to reach $225 million ARR in the HPC business by the end of the year, driven by new contracts and market demand [48][49] Question: How does the company manage its Bitcoin holdings? - The company employs a dynamic HODL strategy, allowing it to realize value from Bitcoin without cash obligations, effectively managing risk in a volatile market [52][63]

Core Insights - Payoneer is set to launch stablecoin capabilities within its platform, powered by Bridge, to facilitate secure and efficient cross-border transactions for businesses [1] - The integration aims to simplify the use of stablecoins for businesses, particularly in emerging markets, addressing challenges such as currency conversion and regulatory complexities [1] Group 1: Company Developments - Payoneer will enable businesses to receive, hold, and send stablecoins as part of their daily financial operations, enhancing their global transaction capabilities [1] - The new stablecoin features will be rolled out in select markets in Q2 2026, with broader availability planned throughout the year [1] - Payoneer has nearly 2 million customers globally and aims to leverage its compliance expertise to support stablecoin adoption [1] Group 2: Industry Context - The adoption of stablecoins is accelerating, with real-world applications emerging that offer faster settlement and programmable money movement [1] - Many cross-border businesses face challenges in integrating stablecoins due to fragmented workflows and evolving regulations, which Payoneer aims to address [1] - Bridge, the partner providing the stablecoin infrastructure, focuses on simplifying blockchain complexities for companies like Payoneer [1]

Core Viewpoint - The price of Bitcoin has decreased by 48% over the past four months, negatively impacting speculative altcoins like Solana, which is down 37% year-to-date and currently trades at $78, a 73% discount from its all-time high of $294 [1] Group 1: Solana's Current Situation - Solana recently reached a two-year low of $67, leading to a bearish outlook with a price target of $50 being more likely than a recovery to $250 due to significant downward momentum [3] - Market sentiment around Solana is overly negative, with some analysts suggesting it could potentially triple in value this year if conditions improve [1] Group 2: Contrarian Perspectives - A new investment thesis from Standard Chartered suggests that Solana is transitioning from a meme-coin centric blockchain to a stablecoin-centric network, which could drive significant growth [4] - Solana has recently surpassed Ethereum as the fastest-growing blockchain for stablecoins in terms of transaction volume and velocity, making it more attractive for micro-size stablecoin payments [5] Group 3: Future Projections - Standard Chartered forecasts that Solana could reach $200 this year, $400 next year, and potentially $2,000 by the end of 2030, indicating that current bearish sentiment may be exaggerated [6] - Prediction markets indicate a 44% chance of Solana hitting $150 this year, a 23% chance of reaching $200, a 14% chance of hitting $250, and a 10% chance of reaching $300 [7][8]

On Feb. 12, OKX Ventures announced a strategic investment in STBL, a stablecoin and yield infrastructure provider. At the same time, STBL said it is partnering with Hamilton Lane (Nasdaq: HLNE) and Securitize to launch a real-world-asset-backed stablecoin on X Layer, OKX’s EVM-compatible Layer 2 blockchain. Hamilton Lane is a global private markets investment firm. Securitize provides regulated digital securities issuance and tokenization services. Related: Explained: What is a stablecoin? The capital ...