HTX Ventures Explores How Stablecoins Are Building a New Dollar Infrastructure for Global Payments
Constructing a Parallel Dollar Network: Reframing Payment Architecture
While the U.S. dollar has long dominated cross-border payments, the existing system suffers from structural inefficiencies: high transaction costs, slow settlement times, strict regulatory oversight, and widespread financial exclusion.
Against this backdrop, stablecoins offer a permissionless, highly liquid, near-instant payment alternative underpinned by blockchain technology and pegged to the dollar. Key advantages include:
Instant settlement and real-time clearance enabled by blockchain's unified transaction structure;
Borderless circulation that only requires wallet access and internet connectivity;
Integration with multi-chain ecosystems and payment APIs, with tokens like USDT and USDC now deployed across Ethereum, Tron, and Solana;
Functioning simultaneously as settlement assets and stores of value, particularly useful in high-inflation economies where they increasingly substitute for local fiat.
In effect, stablecoins are forming a more efficient, inclusive, and censorship-resistant on-chain dollar network. Use cases are rapidly expanding — from individual remittances in Latin America, where residents rely on USDT amid currency devaluation, to SME trade settlements in FX-restricted countries. These networks dramatically enhance the efficiency of cross-border payments, digital commerce, and Web3 transactions, while also offering dollar-based financial access to the world's 1.3 billion unbanked.
More Than Payment Tools: Stablecoins' Role as "On-Chain Shadow Banks"
Despite their technical and economic advantages, stablecoins face regulatory, liquidity, and privacy challenges. Their disintermediating nature also raises strategic concerns among central banks and legacy payment networks.
Meanwhile, stablecoins are increasingly performing the role of "shadow banks"— effectively acting as on-chain money market funds by transforming fiat deposits into short-term Treasuries while minting on-chain tokens.
This architecture enables stablecoins to scale U.S. dollar liquidity across decentralized ecosystems, but it also challenges the traditional monopoly central banks hold over credit creation and monetary issuance. The lack of globally harmonized regulation raises risks related to transparency, systemic liquidity, and user trust.
Regulatory Convergence Driving Institutionalization of Stablecoins
The growing role of stablecoins in cross-border payments has prompted heightened regulatory attention worldwide. While mature markets such as the U.S. and EU are developing frameworks emphasizing compliance, capital adequacy, and reserve transparency, Asian jurisdictions are exploring hybrid approaches that balance innovation with oversight.
HTX Ventures emphasizes that the regulatory certainty and technological neutrality of stablecoins will be decisive in determining whether they can serve as the "dollar infrastructure of the digital age." Clear policy coordination and cross-border regulatory harmonization will be essential to unlocking their full potential in global finance.
HTX Expands Stablecoin Ecosystem, Accelerates Global Payment Strategy
As an exchange advocate for stablecoin adoption, HTX is actively expanding its stablecoin offering to fortify its position within the global crypto ecosystem. Since May, HTX has listed six new stablecoins: USD1, EURR, USDR, EURQ, USDQ, and AETHUSDT.
Among them, USD1, issued by World Liberty Financial — an initiative linked to the Trump family — has garnered particular attention amid the evolving U.S. regulatory landscape. HTX was the first platform globally to list USD1 and has expanded its support for BTC/USD1 and ETH/USD1 trading pairs to further enrich its ecosystem.
These new listings enhance users' flexibility in managing assets across multiple chains and currencies, while unlocking new use cases in high-frequency trading, on-chain hedging, and programmable payments. The initiative reflects HTX's strategic vision to support a robust, multi-rail global stablecoin infrastructure.
About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
21 minutes ago
- Cision Canada
Haivision to Announce Third Quarter Fiscal 2025 Financial Results on September 11, 2025
MONTREAL, Aug. 19, 2025 /CNW/ - Haivision Systems Inc. (" Haivision") (TSX: HAI), a leading global provider of mission critical, real-time video networking and visual collaboration solutions, plans to announce financial results for its third quarter ended July 31, 2025 after markets close on Thursday, September 11, 2025. The earnings release will be followed by a conference call to discuss third quarter fiscal 2025 results at 8:30 a.m. ET on Friday, September 12, 2025. To register for this conference call, please use the following link: After registering, a confirmation will be sent through email, including dial in details and unique conference call codes for entry. Registration is open through the live call, to ensure you are connected for the full call we suggest registering a day in advance or at minimum 10 minutes before the start of the call. Alternatively, you can access the webcast through this link: A replay of the Conference Call will be available approximately two hours following the completion of the call by dialing (647) 362-9199 or toll-free at (800) 770-2030 (Conference ID: 33414). About Haivision Haivision is a leading global provider of mission-critical, real-time networking and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded an Emmy® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. To learn more, visit Haivision SOURCE Haivision Systems Inc.
Cision Canada
an hour ago
- Cision Canada
enCore Energy Corp. Announces Proposed Offering of $75 Million of Convertible Senior Notes Due 2030
DALLAS, Aug. 19, 2025 /CNW/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company™, announced today that it intends to offer, subject to market and other conditions, $75 million in aggregate principal amount of convertible senior notes due 2030 (the "Convertible Notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In connection with the offering of the Convertible Notes, enCore expects to grant the initial purchasers of the Convertible Notes a 13-day right to purchase up to an additional $11.25 million aggregate principal amount of Convertible Notes. The Convertible Notes will be senior unsecured obligations of enCore, will bear interest payable semi-annually in arrears and will mature on August 15, 2030, unless earlier repurchased, redeemed or converted in accordance with their terms. Holders will have the right to convert their Convertible Notes in certain circumstances and during specified periods. The Company will settle conversions either in cash, common shares or in a combination of cash and common shares. enCore may redeem for cash all or any portion of the Convertible Notes, at its option, at any time, and from time to time, on or after August 21, 2028, and on or before the 40th scheduled trading day immediately before the maturity date, if the last reported sale price per common share exceeds 130% of the conversion price for a specified period of time. In addition, the Convertible Notes will be redeemable, in whole and not in part, at enCore's option at any time in connection with certain changes in tax law. The redemption price will be equal to 100% of the principal amount of the Convertible Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. The interest rate, initial conversion rate and other terms of the Convertible Notes will be determined at the time of the pricing of the offering. enCore intends to use a portion of the net proceeds from the offering of the Convertible Notes to pay the cost of entering into capped call transactions in connection with the Convertible Notes. The Company intends to use the remainder of the net proceeds from the Convertible Notes offering to repay amounts outstanding under its loan agreement and for general corporate purposes. If the initial purchasers exercise their option to purchase additional Convertible Notes, enCore intends to use a portion of the additional net proceeds to pay the cost of entering into additional capped call transactions and the remainder of net proceeds for general corporate purposes. The capped call transactions would be privately negotiated with certain financial institutions (the "option counterparties"). The capped call transactions are expected to cover, subject to anti-dilution adjustments, the number of common shares initially underlying the Convertible Notes, including any additional Convertible Notes issuable upon exercise of the initial purchasers' option to purchase additional Convertible Notes. The capped call transactions are expected generally to reduce the potential dilution to enCore's common shares upon any conversion of the Convertible Notes and/or offset any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, as the case may be, with such reduction and/or offset subject to a cap. In connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates expect to enter into various derivative transactions with respect to enCore's common shares and/or purchase common shares concurrently with or shortly after the pricing of the Convertible Notes. This activity could increase (or reduce the size of any decrease in) the market price of the Company's common shares or the Convertible Notes at that time. In addition, the option counterparties or their respective affiliates expect to modify their hedge positions by entering into or unwinding various derivatives with respect to enCore's common shares and/or purchasing or selling enCore's common shares or other securities following the pricing of the Convertible Notes and prior to the maturity of the Convertible Notes (and are likely to do so during the observation period related to any conversions of the Convertible Notes on or after May 15, 2030, or following early termination of any portion of the capped call transactions in connection with any repurchase, redemption or early conversion of the Convertible Notes). This activity could also cause or avoid an increase or decrease in the market price of enCore's common shares or the Convertible Notes, which could affect the holders' ability to convert the Convertible Notes and, to the extent the activity occurs during any observation period related to a conversion of the Convertible Notes, it could affect the amount of cash and/or the number and value of common shares, if any, that holders will receive upon conversion of the Convertible Notes. The Convertible Notes will be offered only to persons reasonably believed to be "qualified institutional buyers" under Rule 144A of the Securities Act. The Convertible Notes and enCore's common shares issuable upon conversion of the Convertible Notes, if any, have not been and will not be registered under the Securities Act, or any state securities laws, or qualified by way of a prospectus in any province or territory of Canada. As a result, neither the Convertible Notes nor any common shares issuable upon conversion of the Convertible Notes may be offered or sold in the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws, and may not be offered or sold to persons located or resident in Canada except pursuant to an exemption from the prospectus requirements of applicable Canadian securities laws. This news release is neither an offer to sell nor a solicitation of an offer to buy the Convertible Notes or any common shares issuable upon conversion of the Convertible Notes, nor will there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About enCore Energy Corp. enCore Energy Corp., America's Clean Energy Company™, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only United States uranium company with multiple Central Processing Plants in operation. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy. Following upon enCore's demonstrated success in South Texas, future projects in enCore's planned project pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming. The Company holds other assets including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments. Cautionary Note Regarding Forward Looking Statements Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Any statements contained in this press release that are not based on historical facts, including statements about the offering, the intended use of proceeds, the terms of the Convertible Notes, the capped call transactions, third parties entering into or unwinding derivative transactions with respect to the Company's common shares and/or purchasing or selling the Company's common shares, and the potential impact of the foregoing on dilution to enCore's shareholders or the offset of any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, the market price of the Company's common shares or the Convertible Notes or the initial conversion price of the Convertible Notes, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be identified by such words as "will", "expects", "plans", "believes", "intends", "estimates", "projects", "continue", "potential", and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", or "will" be taken. These forward-looking statements are predictions reflecting the best judgment of senior management and reflect our current expectations regarding the offering, the intended use of proceeds, the terms of the Convertible Notes, the capped call transactions, third parties entering into or unwinding derivative transactions with respect to enCore's common shares and/or purchasing or selling the Company's common shares, and the potential impact of the foregoing on dilution to enCore's shareholders or the offset of any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, the market price of enCore's common shares or the Convertible Notes or the initial conversion price of the Convertible Notes. These expectations may or may not be realized. Some of these expectations may be based on beliefs, assumptions or predictions that may prove to be incorrect. In addition, our business and operations involve numerous risks and uncertainties, many of which are beyond our control, which could result in our expectations not being realized or otherwise materially affect our business, financial condition, results of operations, cash flows and liquidity. Such risks and uncertainties include, but are not limited to, the risks related to whether enCore will consummate the offering of the Convertible Notes on the expected terms or at all, the anticipated terms of, and the effects of entering into, the capped call transactions, third parties entering into or unwinding derivative transactions with respect to enCore's common shares and/or purchasing or selling enCore's common shares, market and general conditions, and those described in greater detail in our filings with the Securities and Exchange Commission, particularly those described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Should one or more of these risks materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the respective securities commissions which are available online at and Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
Cision Canada
an hour ago
- Cision Canada
MetricAid Announces Appointment of Board of Directors to Support Accelerated Growth and Global Expansion
NORTH BAY, ON, Aug. 19, 2025 /CNW/ - MetricAid is proud to announce the formal appointment of its new Board of Directors. This exceptional group of industry leaders brings unparalleled expertise across healthcare, technology, operations, and corporate governance - a significant milestone as the company enters its next phase of accelerated growth and international expansion. The newly appointed Board comprises: Paul Tsaparis, former Board Chair of York University, former CEO and President of Hewlett-Packard Canada and currently a board member of Teranet, Metrolinx and Indspire. Mr. Tsaparis is a recognized leader in Canadian technology and innovation with extensive board experience in both public and private sectors. His deep understanding of growth-stage companies is a tremendous asset to MetricAid's long-term success. Eugene Roman, former Chief Technology Officer of Canadian Tire and OpenText, current Executive-in-Residence at the Schulich School of Business for AI and a renowned figure in enterprise digital transformation. Mr. Roman brings decades of experience in IT strategy, cybersecurity, and large-scale systems architecture. Dr. Mark Schweitzer, internationally respected radiologist and current Special Associate for Public Health, is planning the New School of Public Health at Wayne State University. Dr. Schweitzer offers deep clinical insight and a global healthcare perspective that aligns with MetricAid's commitment to physician-centred scheduling. Dr. Schweitzer has published more than 400 peer-reviewed papers with more than 27000 citations. Mark Fam, President & CEO of Oak Valley Health, one of Canada's leading healthcare institutions. With extensive leadership in hospital operations, Mr. Fam strengthens MetricAid's strategic alignment with public health systems and complex care environments. Warren Urquhart, currently Governance Counsel for Toronto Hydro, is licensed to practice Law in Ontario and New York. Warren sits as a current member of the Publications Advisory Board of the International Association of Privacy Professionals, directing content and coverage of global privacy law and AI Governance developments. In addition, Warren is an executive of both the Canadian Bar Association and the Ontario Bar Association's Privacy and Access to Information Bar Executive. "The calibre of leadership now guiding MetricAid is a testament to both our past performance and our future ambitions," said Lora Webb, CEO of MetricAid. "We are thrilled to welcome directors whose influence spans global healthcare, world-class technology, and high-growth operations. We are more prepared than ever to shape the future of physician scheduling." MetricAid's mission: Revolutionize Emergency Medicine Scheduling For more information or to request interviews, please contact: About MetricAid
