The payment industry giant recently announced a deep collaboration with a top Middle Eastern investment fund, planning to promote stablecoin settlement and asset tokenization applications in the region. The scope of this cooperation is quite extensive—from stablecoin-driven local and cross-border payment clearing, to dedicated stablecoin payment card products, and on-chain tokenization of real-world assets (RWA). Both parties are actively exploring these areas. Notably, they are also focusing on the international remittance market and B2B cross-border trade settlement, which are pain points in terms of efficiency and costs within traditional financial systems. This move reflects how traditional payment systems are proactively embracing stablecoins and tokenized assets. As a global financial innovation frontier, the Middle East is becoming an important testing ground for these new applications. For Web3 practitioners and traders, increased participation from mainstream financial institutions often signals broader market acceptance and expansion of application scenarios.
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ETH_Maxi_Taxi
· 1h ago
The Middle East is about to take the lead again, and this time stablecoins are really going to go mainstream.
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DegenRecoveryGroup
· 12-16 20:46
Stablecoin payment cards are really about to take off. The oil and gas funds in the Middle East have the money and determination. Traditional finance is no longer pretending and is starting to go directly on-chain.
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GasGuru
· 12-16 17:49
Haha, now traditional finance can't sit still either, directly rushing into the Middle East to play with stablecoins and RWA. It's really quite interesting.
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MentalWealthHarvester
· 12-16 15:17
Stablecoins are about to take off, and traditional giants are starting to compete... It seems that the game in the Middle East has truly become intense.
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EntryPositionAnalyst
· 12-16 15:06
The Middle East is causing trouble again. Traditional finance really can't sit still now; they have their eyes on the piece of the pie that is stablecoins and RWA.
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WhaleInTraining
· 12-16 14:52
Major companies are entering the Middle East stablecoin track, and traditional finance really can't sit still anymore.
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Again with payment cards and RWA, it feels like they're paving the way for us.
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Is the Middle East becoming an experimental ground? Alright, let's see what tricks they can pull this time.
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The pain points of cross-border settlement are finally about to be addressed. It was about time.
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Mainstream institutions are increasing their participation, in simple terms, stablecoins are really taking off.
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Remittance markets and B2B are both eyeing this, are they really going to play for real this time?
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Oh my, payment giants are also starting to tokenize, the market is about to change.
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Is the Middle East the forefront of financial innovation? I think the spring of Web3 might really be here.
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Stablecoin payment cards are already in place, is the next step to directly disrupt traditional payments?
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This collaboration scale is quite large, it feels like paving the way for large-scale applications.
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ZkSnarker
· 12-16 14:51
well technically this is just the old guard realizing they can't outrun the inevitable... middle east becoming the testing ground makes sense tho, less regulatory friction than the usual suspects. imagine if remittance corridors actually became efficient for once lol
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WalletAnxietyPatient
· 12-16 14:48
This wave in the Middle East is indeed fierce. Traditional giants actively entering stablecoins indicate that RWA is really not just a hype concept anymore.
The payment industry giant recently announced a deep collaboration with a top Middle Eastern investment fund, planning to promote stablecoin settlement and asset tokenization applications in the region. The scope of this cooperation is quite extensive—from stablecoin-driven local and cross-border payment clearing, to dedicated stablecoin payment card products, and on-chain tokenization of real-world assets (RWA). Both parties are actively exploring these areas. Notably, they are also focusing on the international remittance market and B2B cross-border trade settlement, which are pain points in terms of efficiency and costs within traditional financial systems. This move reflects how traditional payment systems are proactively embracing stablecoins and tokenized assets. As a global financial innovation frontier, the Middle East is becoming an important testing ground for these new applications. For Web3 practitioners and traders, increased participation from mainstream financial institutions often signals broader market acceptance and expansion of application scenarios.