Gate News message, April 21 — Eugene Cheung, Chief Commercial Officer of OSL Group, stated at the Money 20/20 Asia summit in Bangkok on April 21 that scaling stablecoin payments to institutional levels requires building a mature compliance and risk management settlement layer capable of supporting complex business requirements.
Financial institutions must be confident that blockchain systems can handle intricate legal compliance and asset custody risks before moving significant operations on-chain, Cheung explained. This commitment to licensed operations and institutional-grade infrastructure underpins OSL’s core strategy. Stablecoin payment systems need to establish an effective “control layer” comparable to traditional payment giants, handling compliance reviews and global settlement efficiently. Cheung noted that OSL is exploring the integration of artificial intelligence into the control layer of payment operations to enhance compliance decision-making efficiency and strengthen risk penetration capabilities.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Western Union to Launch Solana-Based Stablecoin USDPT Next Month, Plans 'Stable Card' for Global Markets
Gate News message, April 27 — Western Union announced on April 24 during its first-quarter earnings call that its Solana-based stablecoin USDPT is in final preparation stages and will launch next month. CEO Devin McGranahan stated that USDPT will serve as an alternative to the SWIFT network for
GateNews34m ago
B.AI Upgrades Infrastructure, Launches Major Skills Features
Gate News message, April 27 — B.AI announced multiple product and ecosystem advancements this week. The BAIclaw landing page received a complete visual and interaction overhaul, with website multilingual support expanded to 10 languages, strengthening its global usability.
On the infrastructure
GateNews1h ago
Luxor and MicroBT Deepen Partnership with $100M Mining Rig Deal and Strategic Investment
Gate News message, April 27 — Luxor Technology Corporation, a bitcoin mining infrastructure firm, is expanding its partnership with MicroBT through a $100 million commitment to purchase WhatsMiner mining rigs, with MicroBT planning a strategic investment in Luxor via its investment manager
GateNews1h ago
Western Union remittance USDPT launches in May: Issued by Anchorage, Solana chain
Western Union has officially categorized stablecoins as the core of its digital-first transformation, advancing on three fronts: USDPT will launch in May, issued by Anchorage Digital Bank and carried on the Solana chain; DAN will launch its first partner in April, with 7+ companies throughout the year; further details on the Stable Card are yet to be revealed. USDPT reduces settlement costs and brings yield from idle funds, forming an on-chain closed loop of issuing in-house, operating its own network, and distributing through its own channels.
ChainNewsAbmedia2h ago
AI Agents Drive Crypto Payments Demand, x402 Processes 165M Transactions
Gate News message, April 27 — Jesse Pollak, an executive at a major CEX, has argued that autonomous AI agents are creating a new "demand center" for crypto payments, requiring software-native payment infrastructure. On April 20, it was announced that the x402 ecosystem had processed more than 165
GateNews2h ago
Morpho CEO: Institutional Interest in DeFi Will Not Fade as On-Chain Finance Accelerates
Gate News message, April 27 — Morpho CEO Paul Frambot shared insights from conversations with major institutions over the past week, stating that institutional interest in DeFi will not disappear. Frambot noted that distribution channels—including massive assets under management (AUM), payments,
GateNews2h ago
