Core Insights - Obita has completed over $10 million in angel funding, led by Yuanjing Capital and Mirana Ventures, with participation from notable institutions and individuals [1] - The funding will focus on core system development, compliance construction, and market expansion to accelerate the global stablecoin cross-border payment network [1] - Obita aims to address industry pain points such as high exchange costs, slow transaction times, and lack of transparency by integrating enterprise-level compliance systems with cross-border clearing networks and integrated fund management tools [1] Company Overview - Obita is building a blockchain-native payment network under the Obita Mesh framework, focusing on compliant stablecoins to provide low-cost, real-time, and regulated settlement experiences for global enterprises [1] - The core team consists of top talents from fintech, cross-border payments, and crypto assets, possessing deep technical expertise and forward-looking industry insights [1] Market Context - The cross-border payment sector is undergoing a structural transformation driven by stablecoins, with Obita positioned to leverage blockchain technology for real trade fund flows [3] - Investors recognize the importance of cross-border B2B payments as a critical infrastructure for global trade, with Obita's stablecoin-centric solution significantly improving cost and efficiency [3] Leadership Team - Zhang Dayong, co-founder and CEO, has extensive experience in fintech products, global payment network construction, and crypto asset ecosystems, previously holding key positions at HashKey Group and Ant Financial [2] - Vincent Yang, co-founder and CBO, is a serial entrepreneur with a strong background in cross-border payment and digital finance projects across Southeast Asia, Europe, and Latin America [2]

Core Viewpoint - Obita is leveraging its expertise in fintech and cross-border payments to revolutionize the global payment landscape through compliant stablecoin solutions, addressing key industry pain points such as high exchange costs and slow transaction times [2][3]. Group 1: Company Overview - Obita has recently completed a multi-million dollar angel round financing, led by Yuanjing Capital and Mirana Ventures, with participation from notable institutions and individuals [1]. - The funding will be primarily allocated to core system development, compliance infrastructure, and market expansion, aiming to accelerate the establishment of a global stablecoin cross-border payment network [1]. Group 2: Industry Context - The global regulatory push for stablecoins is driving a new wave of innovation in cross-border payments, with Obita focusing on creating a blockchain-native payment network that offers low-cost, real-time, and regulated settlement experiences for businesses [2]. - Obita aims to integrate enterprise-level compliance systems, cross-border clearing networks, and comprehensive fund management tools to transform the flow of funds in cross-border trade, e-commerce, and supply chain platforms, particularly in high-growth markets such as Southeast Asia, Central Asia, Africa, and Latin America [2]. Group 3: Leadership Team - The core team at Obita consists of top talents from fintech, cross-border payments, and crypto assets, possessing extensive technical expertise and industry insights [3]. - CEO Zhang Dayong has significant experience in fintech product development and global payment network construction, having previously held key positions at HashKey Group and Ant Financial, where he led the development of market-leading local wallet products [3]. - CBO Vincent Yang is a serial entrepreneur with a strong background in cross-border payment projects across Southeast Asia, Europe, and Latin America, contributing to Obita's strategic market operations [4]. Group 4: Investor Insights - Investors express confidence in Obita's potential to enhance cross-border B2B payment efficiency and cost-effectiveness through its stablecoin-centric approach, highlighting the team's extensive experience in the fintech sector [4]. - The alignment of Obita's solutions with the strategic goals of investors like HashKey Capital indicates a strong collaborative effort to accelerate industry transformation [4].

Core Insights - Justin Sun, founder of TRON, successfully completed a historic suborbital space flight aboard Blue Origin's New Shepard rocket, becoming the youngest Chinese commercial astronaut [1][4] - This flight is seen as a tribute to the cryptocurrency industry, with Sun predicting that Bitcoin will challenge the US dollar's global reserve status within the next decade [1][11] Group 1: Space Flight and Its Significance - The space flight was a culmination of a four-year wait, with Sun having purchased the seat for $28 million in 2021, which he donated to Blue Origin's charity for STEAM education [4] - The flight lasted approximately 10 minutes, reaching over 100 kilometers, allowing passengers to experience about 4 minutes of weightlessness and view Earth from space [4] - Sun's journey symbolizes the intersection of technology ambition and future narratives, drawing global attention to the potential of blockchain and space exploration [1][5] Group 2: Tribute to the Cryptocurrency Industry - Sun initiated the "Stars and Sea" campaign, collecting 1,000 wishes from the TRON community to take to space, representing the voices of the TRON ecosystem [8] - This act is a tribute not only to the TRON community but also to all builders, users, and supporters of cryptocurrencies, emphasizing the mission of decentralization and innovation [8] - The flight highlights the growing intersection between commercial space travel and emerging technologies like blockchain [5] Group 3: Future Financial Landscape Predictions - Sun predicts that Bitcoin's status as "digital gold" will become more prominent, with more countries establishing "strategic Bitcoin reserves" in response to high debt and inflation [11][12] - He notes that the market is beginning to reconsider the dominance of the US dollar as the sole global currency, with examples like El Salvador adopting Bitcoin as legal tender [11] - Sun outlines three key technological advancements that will support this narrative: stablecoin cross-border payments, cross-chain interoperability, and the integration of AI with blockchain [12][13] Group 4: Technological Innovations - The TRON network's stablecoin, particularly USDT, has become a crucial payment infrastructure, with an issuance exceeding $82 billion and daily settlement volumes reaching hundreds of billions [13] - Sun aims to break down "asset islands" between blockchains through cross-chain protocols, facilitating seamless flow of funds and information [13] - He believes that AI will pave the way for widespread blockchain adoption by enhancing contract security, user experience, and risk management [13]

Group 1 - Yellow Card Financial has signed an agreement with Visa to promote the use of stablecoins for cross-border payments in emerging markets, particularly in about 20 African countries [1] - The collaboration aims to simplify financial operations, enhance liquidity management, and enable faster, cost-effective transfers [1] - Yellow Card plans to launch stablecoin trading in at least one African market this year in partnership with Visa, with further expansion anticipated [1] Group 2 - Kenya's legislative proposal, the Virtual Assets Service Providers Bill, is noted as the most advanced in Africa, distinguishing between stable assets and speculative assets [2] - The recognition of various use cases in Kenya's legislation could position the country as a hub for digital asset activities if other nations follow suit [2] - Mauritius was the first African country to enact such laws in 2021, followed by Botswana issuing its first license in 2022, with six countries in the Central African Economic and Monetary Community developing related legislation [2]