Yunxin Technology: Providing stablecoin-related services for overseas financial institutions.

UBOX Technology released an investor relations activity record, there are two ways for financial technology companies to participate in stablecoins. One is to cooperate with financial institutions to integrate stablecoins, provide supporting services and application scenarios; the other is to actively participate in stablecoin issuance and scenario innovation. UBOX will adopt both of these methods, integrating them into UBOX's overseas business expansion, with layouts and actions taken before the regulations were released. In the first method, UBOX Technology, as one of the leading financial technology service enterprises in China, provides services to overseas financial institutions; the second method involves fully cooperating with overseas universities, financial institutions, etc., complementing each other's strengths and jointly innovating. UBOX has already applied for and received support from the Macau Science and Technology Fund to carry out research on retail payment systems based on Web3. The development of stablecoins cannot be separated from application scenarios and needs to penetrate into economic life, which has always been the direction of Web3 technology efforts. The company hopes to achieve financial innovation rooted in scenarios through full cooperation with financial institutions based on existing businesses, and to share profits through cooperation.