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Cross-border payments are expensive and slow via current ecosystem. On-chain, instant settlement solutions are now available; this unlocks significant funds that is locked in transfer currently. In addition, programmability allows stablecoins to handle more complex transactions.
Through the presentation of a case study on the RD Wallet, a Hong Kong Stored Value Facility licensed solution, this workshop will showcase how global businesses can open a multi-currency account on mobile anytime, anywhere. Additionally, get a glimpse of the HKDR Stablecoin, a stablecoin 1:1 backed by the Hong Kong dollar, to facilitate the development of Web3 and virtual assets ecosystem.