Accelerate Asia Stablecoin. Today, we're proud to launch Asia Stablecoin Alliance (ASA)—a new initiative to accelerate stablecoin adoption across the Asia region 🧵👇

3/ Example of Our Unique Content: Asia Needs to Take a Bolder Approach to Stablecoins Kicking off ASA’s content series, @xparadigms shares thoughts on where Asia’s stablecoin ecosystem should be headed. ▪️Stablecoins is the most ideal form of asset, as its programmability expands the functional limits of traditional money. ▪️Major Asian IT platforms, or “super apps,” has a wide range of services and are central to daily life and national competitiveness; stablecoins can enhance these platforms by streamlining financial interactions and being the financial rail for these platforms. ▪️For stablecoins to serve as foundational financial infrastructure, collaboration among IT platforms, banks, and non-bank institutions is essential, enabling cross-platform integration, secure collateral management, and the creation of seamless experience. ▪️Successful adoption of stablecoins in Asia requires clear legal frameworks supporting capital market-based models, the formation of consortiums to avoid ecosystem fragmentation, and strategic partnerships between platforms and financial institutions to maximize user benefits and market reach. Check out the full article on ASA Substack: