Core Insights - OBOOK Holdings Inc. (OwlTing) is experiencing a significant increase in enterprise adoption of stablecoin-based settlement and tokenized financial infrastructure as companies transition from pilot projects to real production integration [1][2] Industry Momentum - The shift towards stablecoins and tokenization is driven by two global forces: the rising adoption of tokenized assets by major banks and trading platforms, and the demand for compliant, real-time settlement layers for cross-border transactions [4][5] - Analysts predict that the tokenized-equity segment could exceed US$1 trillion if just 1% of global equities migrate on-chain [4] Client Engagement - Since its Nasdaq listing on October 16, OwlTing has seen increased interest from payment companies and financial institutions, with multiple clients in Canada, Europe, Africa, and Asia moving to API integration and live transaction testing with OwlPay Harbor [2][3] - Current clients collectively manage up to US$100 million in monthly cross-border fiat volume, indicating substantial potential for migration to stablecoin systems [3] Product Offerings - OwlTing has introduced OwlPay Stablecoin Checkout, allowing global merchants to accept stablecoin payments and settle instantly, thus reducing card fees and bypassing traditional payment networks [7][8] - The company is preparing to launch x402, an AI-driven settlement engine that automates various processes in cross-border stablecoin settlement, enhancing efficiency [9] Market Potential - Citi projects that the stablecoin and tokenized cash market could reach up to US$4 trillion by 2030, prompting OwlTing to roll out a comprehensive product suite for 2025 aimed at capturing this growth [10]

point. Joining us now with more on the crypto market, John Dagasino, Coinbase head of institutional uh strategy. We've seen this uh this movie before.Um what was the biggest sell-off. We had we had a move from I think 65 down to 15,000, didn't we, at at one point with Bitcoin. >> Sure.I mean, so historically, Bitcoin has traded in these four-year cycles and so we saw 2014, 2018, 2022, uh material moves down 20,000 down to 3,000 at one point I think. >> Absolutely. Yeah.>> So it can lose 70 or 80% of its val ...

Core Insights - ACI Worldwide will participate in three major investor conferences to discuss payment modernization trends, fraud management evolution, and digital transformation in the global payments ecosystem [1][2][3] Group 1: Investor Conferences - ACI Worldwide executives will present at Citi's 14th Annual FinTech Conference on November 18 and at Stephens Annual Investment Conference on November 20, including a fireside chat [2] - The UBS Global Technology and AI Conference will take place on December 2-3, where ACI executives will also engage in one-on-one meetings with registered investors [3] Group 2: Company Overview - ACI Worldwide is a leader in real-time payments software, providing solutions to thousands of financial institutions and merchants globally, with a focus on modernizing payment infrastructures [1][4] - The company has 50 years of experience in payments technology, emphasizing intelligent payments orchestration to enhance payment experiences [4]

Core Insights - Ant International has partnered with UBS to modernize its treasury and payments infrastructure, focusing on blockchain-powered settlement, tokenized deposits, and real-time fund movement [1][2]. Group 1: Partnership Details - The collaboration includes integrating UBS Digital Cash, a blockchain-based payment platform, into Ant's global treasury operations to enhance cross-border liquidity and security [2][3]. - Ant will combine UBS Digital Cash with its Whale platform, a proprietary blockchain-based treasury management system, to facilitate constant multi-currency fund movement across global entities [3]. Group 2: Tokenized Deposits - A significant aspect of the partnership is the joint research and development of tokenized deposits, which are digital representations of traditional bank deposits that can be transferred instantly via blockchain [4]. - Successful implementation of this model is expected to enhance transparency, settlement speed, and auditability for complex transactions [4]. Group 3: Regulatory Environment and Adoption - Hong Kong's Project Ensemble, a regulatory sandbox for tokenized transactions, has enabled real-value settlements between banks and fintech firms, with Ant participating in the pilot [5]. - HSBC recently completed a transfer of HK$3.8 million ($488,820) in tokenized deposits for Ant, indicating accelerating institutional adoption [5]. Group 4: Digital Asset Strategy - The partnership aligns with Ant International's exploration of regulated digital asset infrastructure, including evaluating stablecoin licensing in various jurisdictions [6]. - Ant emphasizes that while it does not plan to engage in speculative crypto activities, it sees significant potential in stablecoins to enhance modern payment infrastructure [6][7].

DeFi is entering a new phase.General-purpose chains can’t meet the demands of modern finance: fees fluctuate, liquidity is fragmented, and blockspace is undifferentiated.The market is moving toward specialized chains for specific use cases: stablecoins, exchanges, RWAs... https://t.co/yXdJZBaCcG ...

Core Insights - The payments industry is undergoing transformation driven by five key forces: agentic payments becoming competitive tools, emergence of payments-specific foundational models, necessity of robust fraud management, transaction banking leveraging AI, and fragmentation of stablecoins as they scale [1] Group 1: Agentic Payments - Agentic payments are transitioning from experimental phases to becoming essential competitive assets, with a focus on protocol standardization and multi-rail enablement to reduce friction in transactions [2] - Companies must enhance risk models to recognize agents as active participants, incorporating new signals such as agent reputation and intent authorization [2] Group 2: Payments-Specific Models - A shift is anticipated from general-purpose large language models (LLMs) to industry-specific models tailored for payments, prompting firms to decide between building or partnering for access to these specialized models [3] Group 3: Fraud Management - Fraud management has become a baseline requirement for banks and merchants, necessitating a unified risk stack that includes device, identity, transaction, and agentic signals to cover the entire customer journey [4] - Companies are advised to integrate deepfake detection and real-time scoring to combat emerging fraud tactics [4] Group 4: Transaction Banking and AI - Transaction banking is emerging as a key area for AI application, with firms encouraged to develop an AI adoption heatmap to identify and expand use cases [5][8] Group 5: Stablecoins - The stablecoin ecosystem is expanding with various use cases, but it is also becoming increasingly fragmented, necessitating exploration of alternative solutions like tokenized deposits and central bank digital currencies (CBDCs) [8][12] - Multiple regulated stablecoin issuers are competing, with Ripple's RLUSD surpassing $1 billion in circulation and Circle working on reducing fragmentation in USDC [12] Group 6: Alternative Payment Rails - Alternative payment methods are gaining traction alongside traditional card payments, with both infrastructures coexisting and advancing digital payment solutions [9] Group 7: Future of Payments - The future of payments is expected to be characterized by agent-led, model-driven, and multi-rail systems, with standards like ACP and domain-specific foundational models shaping the landscape [10] Group 8: Innovations and Developments - Companies like Ant International and Stripe are launching innovative solutions such as the Agentic Commerce Protocol and AI-driven payment models to enhance transaction efficiency and security [6][13] - Visa is scaling its generative Large Transaction Model, which has significantly improved fraud detection rates [7]

Tokenized Assets Overview - The report focuses on tokenized assets beyond dollar stablecoins, highlighting emerging categories [1] Report Information - The Snapshot shares data-driven insights, new listings, and product updates weekly [1] - The report is authored by @f9s216 [1]

$10.8b bitcoin shorts accumulated from $108k down. first liquidation wall at $92k holds $2.1b. cross that and the cascade starts. $3.4b more at $95k. $4.8b at $100k. forced buying meets $7.3b in stablecoins that just hit exchanges. shorts are trapped. stablecoins are patient. but once $92k breaks the shorts become the exit liquidity ...

Recently, Ripple dropped a new ad on X and it was confirming that institutional payments, secure asset custody, regulated stable coins, and everything on chain is happening now. We have it's happening. The convergence of crypto and traditional finances accelerating the internet of value.That's a wrap for Ripple Swell 2025. We'll see you next year, New York City. So yeah, listen, when we think about what's been happening here, especially when it comes back to Ripple and these utility based projects and you k ...

Core Insights - Ethereum has been a top-performing cryptocurrency over the past decade, increasing by 120,000% [2] - Solana, a notable challenger to Ethereum, has shown significant volatility and performance fluctuations [4][5] Historical Performance - Ethereum's performance over the past five years includes a 472% increase in 2020, a 395% increase in 2021, a 93% increase in 2023, and a 46% increase in 2024 [2] - The only decline for Ethereum occurred in 2022, with a loss of 68% [3] - Solana experienced an 11,000% increase in 2021 but suffered a 94% decline in 2022 [4] - Solana rebounded with a 919% return in 2023 and an 86% return in 2024, but is down nearly 20% in 2025 [5] Institutional Support - Ethereum is favored by institutional investors and has a dominant position in decentralized finance (DeFi) [6] - Ethereum accounts for 63% of total value locked (TVL) in DeFi, while Solana holds only 8% [7] - Solana's blockchain ecosystem generated nearly $3 billion in revenue over the last 12 months [8]