WasabiCard Co-founder and CEO Ray Yang recently delivered a presentation at the Roundtable on Stablecoin Policy and Payments, organised by the University of Macau’s Institute of Global and Public Affairs (IGPA.) He shared the company’s experience in connecting stablecoin funding with everyday commercial payments and discussed the practical requirements for cross-border applications.
Held at the university’s Faculty of Social Sciences, the roundtable examined stablecoin regulation, business applications and regional cooperation. The programme combined presentations, expert commentary and discussions on policy, investment and cross-regional payment development, followed by a preview of a planned stablecoin white paper.
The event brought together university researchers, banking and investment professionals, payment technology businesses and industry association representatives. Participants included Gao Yuning, Associate Dean of Tsinghua University’s School of Public Policy and Management, scholars from the University of Macau, and industry participants affiliated with Macau International Bank, Hashport, the Japan Blockchain Association, AZDAG, NEO and Grandis Capital.
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Yang’s presentation focused on how stablecoins can become more useful to businesses and individuals in real commercial settings.
Stablecoins have demonstrated their value in cross-border transfers and blockchain settlement. Their wider use depends on connections with the financial services people and businesses already rely on, including card networks, bank accounts and local payment channels. Yang discussed these connections through use cases such as corporate spending, global payroll, supplier payments and cross-border settlement. He highlighted how practical payment operations can provide researchers and policymakers with examples of customer needs, transaction risks and the responsibilities of different service providers.
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