Group 1 - Tianyang Technology ranks first in the domestic credit card sector and is actively expanding into overseas markets [1] - The company has launched a credit card product that allows for stablecoin top-ups, with mature technology and supportive regulatory policies promoting stablecoin usage [1] - Stablecoin cross-border payments do not require the SWIFT system, offering fast transactions, transparent fees, and lower costs, making them popular among cross-border trade enterprises [1] Group 2 - Financial technology companies need to possess blockchain development skills and market sensitivity, with RWA still in a growth phase [1] - Short-term, non-performing assets can be used as underlying assets for stablecoin payments, which are decentralized and have lower costs compared to traditional methods [1] - Stablecoin payment fees include transaction fees for converting between USD and stablecoins, as well as exchange rates between local currencies and USD [1] Group 3 - The issuance of stablecoins has high thresholds, with liquid stablecoins like USDT and USDC expected to dominate the market [1] - Not all countries have a demand for issuing stablecoins, which are essentially digital representations of fiat currencies, reinforcing the dominance of the US dollar [1] - Tianyang Technology collaborates with leading manufacturers to expand into Southeast Asia and provide credit card migration and technical support [1]