VSTECS (00856) has started negotiations for cooperation to explore stable coin payments and settlement solutions.

14/07/2025

Great Wisdom and Outstanding Excellence (00856) has announced that the company has recently initiated cooperative discussions to explore stablecoin payments and settlement...

VSTECS (00856) announced that the company has recently started cooperation discussions to explore solutions for stablecoin payments and settlements. The discussions mainly focus on the company's ICT product distribution, supply chain services, and digital ecosystem business in Southeast Asia, with a focus on technological innovations in stablecoin payments for real-world applications. The goal is to explore the use of compliant stablecoins as payment tools to improve cross-border trade settlement efficiency, optimize supply chain liquidity, reduce exchange rate risks and cross-border transaction costs, and empower digital transformation for partners in Southeast Asia. This cooperation does not involve any cryptocurrency speculation. The discussions are at a preliminary stage and no legally binding agreements have been reached yet.

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US Stock Market Move | Joby Aviation (JOBY.US) plans to double the production capacity of its California factory. Its stock has continued to rise by nearly 14%, soaring 95% so far this year.

US Stock Market Move | The new 36-qubit system has reached its mid-year goal. Rigetti Computing (RGTI.US) surged over 16%.

DMALL (02586) plans to offer an approximately 10% discount on the first old and then new allocation of 35.4 million shares, with a net amount of approximately HK$389 million raised.