Chutian Dragon: Plans to provide cooperative banks with a stablecoin and SIM card-based cross-border settlement solution

According to Zhitong Finance, Chutianlong held an online investor exchange meeting on July 21. An institutional investor asked: What progress has the company made in the digital currency business in the first half of this year? Chutianlong replied that firstly, the company's system development business related to digital currency has grown rapidly, and some system platforms have been delivered to a certain bank for operation; secondly, the company continues to consolidate its market position in advantageous areas such as digital currency hardware wallets, issuance and acceptance terminals; and thirdly, it is jointly promoting cooperation in the field of digital RMB cross-border payment with excellent partners. In addition, the company is seizing industry opportunities brought about by the legalization of virtual asset trading in Hong Kong, planning to build an eSIM management platform for operators, and providing cooperative banks with a cross-border settlement solution combining stablecoins and SIM cards. As of now, the company's digital currency business revenue has increased to a certain extent compared with previous years, but it accounts for a relatively low proportion of the company's revenue. [Foresight News]