Hong Kong
The Stablecoin Licences that Hong Kong issued, and the Edges It Left Open
Two licensees, three distribution tiers, and the opportunity zones taking shape around the regulated perimeter
Stablecoins
Research
Who Can Be Whop? The structural questions behind DeFi yield integration in fintech
Stani Kulechov on LinkedIn “Defi is supercharging Fintech” as he announced the integration of Whop Treasury. At Singapore TOKEN2049 last October, he framed embedded DeFi more broadly as a “trillion-dollar opportunity” for fintechs. Here in Singapore where Grab, Sea Group, and a generation of ASEAN super-apps have spent
Institutional Adoption
The Stablecoin Distribution Economics Playbook: How GTM Changes When Your Product Is Financial Plumbing
How Circle, Tether, KAST, and Stripe are rebuilding GTM engines as stablecoin margin migrates from issuance to distribution.
Global
How SMEs Actually Monetize Stablecoins: Four Revenue Layers Beyond Payments
Why payment volume is a trap, how regulation determines which revenue layers are accessible, and what CFOs should watch in stablecoin infrastructure for 2026.