Chu Tianlong: Plan to provide cross-border settlement solutions combining stablecoins and SIM cards for partner banks

Odaily News Chu Tianlong held an online exchange meeting for investors. An institutional investor asked: What progress has the company made in its digital currency business in the first half of this year? Chu Tianlong replied that, first, the companys digital currency-related system development business has grown rapidly, and some system platforms have been delivered to a bank for operation; second, the company continues to consolidate its market position in advantageous areas such as digital currency hard wallets, issuance and acceptance terminals; third, it will work with outstanding partners to promote cooperation in the field of cross-border payments of digital RMB. In addition, the company has seized the industry opportunities brought about by the legalization of virtual asset transactions in Hong Kong, and plans to build an eSIM management platform for operators and provide cross-border settlement solutions combining stablecoins and SIM cards for cooperative banks. Up to now, the companys digital currency business revenue has increased to a certain extent compared with previous years, but it accounts for a relatively low proportion of the companys revenue. (Jinshi)