OSL BizPay VP Wong Says Stablecoins Driving Cross-Border Payments in Hong Kong, ASEAN on June 30

According to Foresight News, OSL BizPay senior vice president Albert Wong said on June 30 at the GBA-Asean Summit 2026 in Hong Kong that stablecoins are rapidly penetrating traditional cross-border trade and business payments as major economies introduce clear regulatory frameworks. Wong noted that Hong Kong and ASEAN face significant cross-border settlement demand. OSL Group, leveraging compliance licenses across multiple markets and localized expert teams, is helping enterprises overcome cross-border payment challenges and enable efficient, instant conversion between stablecoins and local currencies. Wong said stablecoins can help multinational enterprises reshape capital flow models and support dollar-short emerging market businesses in ASEAN with real-time fund transfers.
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