Core Viewpoint - Sea Limited has shown significant recovery and growth, with its stock price increasing by 400% since early 2024, although it remains 58% below its 2021 peak [1][2]. Company Performance - Sea Limited experienced a substantial boom during the pandemic, driven by its mobile gaming, e-commerce, and digital payments sectors, reaching stock prices in the high $300s [3]. - The company faced challenges post-pandemic due to rising inflation and interest rates, leading to a decline in its popular game "Free Fire," which significantly impacted profitability across its other business segments [4]. - A strategic pivot towards profitability involved cutting marketing expenses and increasing seller fees, resulting in the company achieving profits for the first time in Q4 2022 [5]. Financial Metrics - In Q1 2025, Sea Limited reported a revenue growth of 29.6% and an impressive EBITDA growth of 135.9%, with adjusted EBITDA reaching $264 million [6]. - The company generated approximately $1.1 billion in revenue last quarter, with $545 million contributing directly to EBITDA, indicating nearly 50% incremental EBITDA margins [7]. Business Strategy - Sea has focused on enhancing its e-commerce operations by investing in fast delivery and reducing costs, positioning itself as a low-cost provider in the region [9]. - The digital payments and unsecured loans segment has also expanded, with the rebranded "Monee" growing its offerings beyond the Shopee platform [10]. Digital Entertainment Recovery - Garena, Sea's digital entertainment division, has seen a recovery in "Free Fire" bookings, which increased to $775 million in Q1 2025, nearing pre-pandemic levels [12]. - The introduction of new features, such as an anime integration with Naruto, reflects a long-term strategy to maintain "Free Fire" as a consistent revenue stream [12]. Market Outlook - Sea Limited's current market cap stands at $92 billion, with a valuation of 5.4 times sales and 60 times this year's earnings estimates, suggesting a premium valuation for a high-quality company [13]. - The Southeast Asia e-commerce market is projected to grow at a 14% annualized rate through 2030, providing a favorable growth environment for Sea [14]. - As profitability stabilizes, there is potential for Sea to re-enter previously targeted markets, which could further enhance growth prospects [15].

MONTEVIDEO, Uruguay, June 23, 2025 (GLOBE NEWSWIRE) -- DLocal Limited (“dLocal”, “we”, “us”, and “our”) (NASDAQ:DLO), a technology-first payments platform, today announced the appointment of Will Pruett as an Independent Board Member and well as a member of our Audit Committee, effective July 1, 2025. With his extensive expertise in capital markets and emerging markets, Mr. Pruett will play a key role in strengthening the Board’s ability to guide dLocal’s growth and scalability. “We are thrilled to welcome ...

Investor Update Fourth Quarter Fiscal Year 2016 April 2016 Forward Looking Statements Meta Financial Group, Inc.® (the "Company") and its wholly-owned subsidiary, MetaBank® (the "Bank"), may from time to time make written or oral "forward-looking statements," including statements contained in this Investor Update, the Company's filings with the Securities and Exchange Commission ("SEC"), the Company's reports to stockholders, and in other communications by the Company and the Bank, which are made in good fa ...

Group 1: Stablecoin Legislation - The United States Senate approved stablecoin legislation known as the GENIUS Act, which aims to regulate stablecoins and require issuers to maintain sufficient reserves and undergo regular audits [1] - This legislation is expected to encourage customer adoption of stablecoins, posing a potential threat to Visa's payment volume [2] Group 2: Merchant Adoption of Stablecoins - Major retailers like Walmart and Amazon are exploring the creation of their own stablecoins to reduce high credit card transaction fees, which range from 2% to 3% [3] - By adopting stablecoins, these retailers could save billions annually in fees currently paid to the financial system [4] Group 3: Challenges for Stablecoins - Replicating Visa's scale and the rewards associated with credit cards presents a significant challenge for stablecoins, as Visa has a vast network accepted by 150 million merchants and processes over $15 trillion in payments annually [8] - The network effect creates a competitive advantage for Visa, making it difficult for stablecoins to achieve similar acceptance and usage [9] Group 4: Visa's Competitive Position - Despite concerns over stablecoins, Visa maintains a strong competitive advantage and scale that stablecoin issuers are unlikely to match in the near future [11] - Visa's earnings per share (EPS) grew 10% year over year, indicating steady growth, although the stock trades at a premium price-to-earnings ratio of 34 [12]

欧美发达国家，移动支付为何发展滞后？ 曾经，有专家惊呼中国已进入"无现金时代"。如今，从古稀老人到十六岁高中生，移动支付已渗透中国 社会的方方面面，甚至连街边小摊都接受移动支付。人们出门只需一部智能手机，现金已成为过去式。 然而，这番景象却让那些曾游历欧美发达国家的观察者感到困惑：移动支付技术起源于欧美，为何却在 发展中国家中国取得了如此迅猛的普及，而在其发源地却举步维艰？究其原因，我们认为至少有以下四 个关键因素： 最后，欧美发达国家的政府政策更倾向于支持银行信用卡体系。欧美银行业实力雄厚，对政府政策拥有 显著影响力。银行不仅是重要的税收来源，也为政客提供竞选资金。因此，政府往往会优先支持银行信 用卡体系的发展，从而限制移动支付平台的扩张。这种政治经济因素的博弈，也在一定程度上阻碍了移 动支付在欧美国家的普及。 总而言之，移动支付在中国市场的成功并非偶然，而是多种因素共同作用的结果。 而欧美发达国家的 现状，则反映了其独特的社会文化、技术发展路径以及政治经济结构。 这并非简单的技术问题，而是 涉及到更深层次的社会、经济及政治生态的复杂互动。 " 首先，欧美发达国家的信用卡体系已发展数十年，根深蒂固。几代人养 ...

Core Insights - Coinbase has launched a stablecoin payments stack aimed at eCommerce platforms, facilitating quicker market entry for payment service providers and marketplaces [2][3] - The solution, Coinbase Payments, is designed to simplify the integration of stablecoin payments by abstracting blockchain complexities, enabling businesses to offer crypto-native payments without needing specialized teams [3] Group 1: Market Demand and Adoption - Over half of the Fortune 500 companies are building on blockchain technology, and one-third of small businesses are already utilizing cryptocurrency [2] - Shopify has begun allowing merchants to accept USDC stablecoins, indicating a growing trend among eCommerce platforms to adopt stablecoin payments [4] Group 2: Challenges and Considerations - Despite increasing demand, stablecoin payments face challenges such as fragmented tooling and a lack of production-ready infrastructure, which have hindered broader adoption [3] - The complexities of using stablecoins for consumer payments at checkout present challenges, as there are no standardized dispute resolution processes compared to traditional card networks [6] Group 3: Consumer Perspective - Consumers may view holding stablecoins in digital wallets similarly to prepaid or gift cards, which could limit their appeal compared to credit cards that offer rewards and reversible transactions [7][8]

Last week, the Wall Street Journal reported that Amazon and Walmart are planning to release their own stablecoin to bypass traditional payment methods offered mainly by Visa ( V )Hi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 27 years old.In 2023 I graduated in Business Administration and I completed CFA level 1 in 2024. I am currently a Popular Investor on the investing platform eToro, you can see there my public portfolio. My interest in financial markets started abou ...

加密货币交易所Yellow Card Financial与支付巨头Visa(V.US)签署了一项协议，以推动在新兴市场使用稳 定币进行跨境支付。成立于2016年的Yellow Card希望在其运营的约20个非洲国家推广稳定币，并利用 无处不在的Visa平台来覆盖其目标市场。 他表示，Yellow Card计划今年至少在一个非洲市场与Visa合作推出稳定币交易，之后再扩展到其他市 场。此举得益于非洲数字技术的普及率不断提高，加纳、肯尼亚、南非和尼日利亚等国家正在制定该领 域的监管规定。 Yellow Card高级法律顾问Edline Murungi表示，肯尼亚的立法草案《虚拟资产服务提供商法案》是非洲 最先进的法案，因为它区分了稳定资产和投机资产，并承认了各种用例。 Murungi表示："这些用例将真正改变整个行业。如果其他国家也效仿，那么肯尼亚将成为许多数字资产 活动的中心。" Yellow Card表示，毛里求斯于2021年成为首个颁布此类法律的非洲国家，而博茨瓦纳则于2022年颁发 了首张许可证。六个国家和中部非洲经济与货币共同体已制定了相关立法。 Yellow Card联合创始人兼首席执行官Chris ...

Faryar Shirzad, Coinbase chief policy officer, joins 'Money Movers' to discuss the senate passing Stablecoin bill and the Genius Act. ...

蚂蚁国际向记者表示，"计划在香港申请稳定币牌照。目前，蚂蚁国际正在全球财资管理方面加速投 资、拓展合作。" 2024年7月18日，香港金管局公布首批3家稳定币发行人沙盒参与机构，分别为京东币链科技（香港）、 圆币科技，以及渣打银行（香港）与安拟集团、香港电讯组成的联合体。 据知情人士透露，连连数字已成立专责团队，负责推进稳定币相关项目及开展用例研究。公开资料显 示，连连数字为国内一线支付服务公司，目前在全球多个地区共持有65张支付牌照。 【深圳商报讯】（首席记者谢惠茜）在中国香港《稳定币条例》即将生效之际，国内互联网巨头纷纷加 快布局稳定币步伐，蚂蚁国际与蚂蚁数科近日纷纷表态，将申请香港稳定币牌照。在此之前，京东币链 科技、圆币科技等已参与"稳定币发行人沙盒"。截至目前，京东稳定币已进入沙盒测试第二阶段。 近日，蚂蚁集团副总裁、蚂蚁数科区块链业务总裁边卓群在SNEC上海光伏展览会上透露，蚂蚁数科已 启动申请香港稳定币牌照。据悉，蚂蚁数科今年已将香港列为全球总部，并且已在香港完成监管沙箱的 先行先试。蚂蚁数科还与协鑫能科共同宣布成立新公司"蚂蚁鑫能"。 有消息称，美国最大零售商沃尔玛和美国最大电商平台亚马逊，近 ...