VSTECS Holdings Limited Engages in Cooperation Discussions to Explore Stablecoin Payment Solutions in Southeast Asia

Reuters

Jul 14

VSTECS Holdings Limited Engages in Cooperation Discussions to Explore Stablecoin Payment Solutions in Southeast Asia

VSTECS Holdings Limited has announced its engagement in cooperation discussions to explore stablecoin payment and settlement solutions. The collaboration aims to enhance the company's ICT product distribution, supply chain services, and digital ecosystem business in Southeast Asia. This partnership focuses on leveraging compliant stablecoins to improve cross-border trade settlement efficiency, optimize supply chain liquidity, and reduce exchange rate fluctuation risks and transaction costs. The initiative is set to support the digital transformation of partners in the region. Currently in the preliminary stage, no legally binding agreement has been finalized, and further announcements will be made as necessary.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VSTECS Holdings Limited published the original content used to generate this news brief on July 14, 2025, and is solely responsible for the information contained therein.

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