Yuxin Technology: In-depth contact with the stablecoin issuer and signed a confidentiality agreement

2025/06/30 00:03

PANews reported on June 30 that according to Cailianshe, Yuxin Technology released a record of investor relations activities. The policy breakthrough in the field of stablecoins is highly consistent with the company's global development strategy. Yuxin has started a systematic layout at the company level to provide strong support on the basis of existing overseas business, including:

1) Recently, we are actively connecting with the core participants in all aspects of the stablecoin ecosystem, including in-depth contact with the issuers and signing confidentiality agreements, focusing on the full-process requirements of stablecoin issuance, clarifying the specific responsibilities of each party in the issuance process, sorting out feasible technical solutions, and integrating their respective advantages and resources;

2) Communicate with institutions in emerging technology hotspots in Singapore to explore the specific implementation path of RWA tokenization, including how to screen suitable underlying assets, design compliant tokenization solutions, and formulate issuance strategies;

3) Communicate with local companies in the Middle East’s specific closed-loop industrial chain. Since the industry requires a closed loop and involves all links in the upstream and downstream of the industrial chain, it provides an application scenario for stablecoins. Through stablecoin blockchain technology, it is possible to achieve transaction transparency in all links of the industrial chain and build a payment system that runs through the entire chain.

Aviso legal: Los artículos republicados en este sitio provienen de plataformas públicas y se ofrecen únicamente con fines informativos. No reflejan necesariamente la opinión de MEXC. Todos los derechos pertenecen a los autores originales. Si consideras que algún contenido infringe derechos de terceros, comunícate con service@support.mexc.com para solicitar su eliminación. MEXC no garantiza la exactitud, la integridad ni la actualidad del contenido y no se responsabiliza por acciones tomadas en función de la información proporcionada. El contenido no constituye asesoría financiera, legal ni profesional, ni debe interpretarse como recomendación o respaldo por parte de MEXC.

También te puede interesar

Crypto Casino Luck.io Pays Influencers Up to $500K Monthly – But Why?

Crypto Casino Luck.io Pays Influencers Up to $500K Monthly – But Why?

Crypto casino Luck.io is reportedly paying influencers six figures a month to promote its services, a June 18 X post from popular crypto trader Jordan Fish, aka Cobie, shows. Crypto Influencers Reportedly Earning Six Figures Monthly According to a screenshot of messages between Cobie and an unidentified source embedded in the Wednesday post, the anonymous messenger confirmed that the crypto company pays influencers “around” $500,000 per month to promote the casino. They’re paying extremely well (6 fig per month) pic.twitter.com/AKRVKU9vp4 — Cobie (@cobie) June 18, 2025 However, not everyone was as convinced of the number’s accuracy. “That’s only for Faze Banks probably,” one user replied. “Other influencers are getting $20-40k per month. So, same as other online crypto casinos.” Cobie pushed back on the user’s claims by identifying the messenger as “a crypto person,” going on to state that he knew of “4 other crypto people” earning “above 200k” from Luck.io. Drake’s Massive Stake.com Deal Cobie’s post comes amid growing speculation over celebrity and influencer collaborations with crypto casinos globally. Aubrey Graham, better known as Toronto-based rapper Drake, is reported to make nearly $100 million every year from his partnership with cryptocurrency casino Stake.com. As part of his deal with the Curaçao-based digital casino, the “Nokia” rapper occasionally hosts live-stream gambling sessions for his more than 140 million Instagram followers. Founded by entrepreneurs Ed Craven and Bijan Therani in 2017, the organization allegedly raked in $2.6 billion in 2022. Stake.com has even solidified key partnerships with Alfa Romeo’s F1 team and Liverpool-based Everton Football Club. However, concerns remain over crypto casinos’ legality as a whole , given their massive accessibility and reach online. Earlier this year, Stake was slapped with litigation out of Illinois for supposedly running an illegal online casino stateside while causing “severe harm to vulnerable populations.” “Stake floods social media platforms with slick ads, influencer videos, and flashy visuals, making its games seem safe, fun, and harmless,” the lawsuit claims. “By masking its real-money gambling platform as just another “social casino,” Stake creates exactly the kind of dangerous environment that Illinois gambling laws were designed to stop.”
Compartir
CryptoNews2025/06/19 04:53