PANews, February 19 – Canza Finance announced that it has reached a strategic integration with First Digital, aimed at supporting institutional and B2B stablecoin settlement processes using FDUSD. Over the past year, Canza Finance has handled approximately $200 million in stablecoin transactions, primarily driven by OTC trading activities and cross-border B2B transactions in emerging markets. Through this partnership, FDUSD will be introduced as an additional settlement option within Canza Finance’s client network.
Vincent Chok, Founder and Group CEO of First Digital, stated that this integration supports the commitment to expanding responsible and scalable stablecoin use cases. Canza Finance’s position in the institutional settlement network makes it a partner in promoting FDUSD adoption in emerging markets. Canza Finance stated that supporting FDUSD in its settlement processes aligns with its mission to provide efficient, transparent, and trustworthy digital asset infrastructure for enterprise clients.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Animoca Brands Strategic Investment in AVAX, Driving Avalanche Expansion in Asia and Middle East
Animoca Brands announced on March 20 a strategic investment in AVAX tokens, aimed at advancing the development of the Avalanche blockchain in Asia and the Middle East. In collaboration with Ava Labs, both parties will focus on capital deployment, product integration, and consulting support, with emphasis on real-world asset tokenization, entertainment, and digital identity sectors.
GateNews1m ago
IMC Trading Appoints Alex Casimo as Chief Business Officer for Crypto Division
IMC Trading has named Alex Casimo as Chief Business Officer for its cryptocurrency division to enhance its institutional crypto business. With experience from Portofino Technologies and Citadel Securities, he will operate in London, overseeing activities across 50 exchanges.
GateNews2m ago
EtherFi Pivots to RWA Track, $25 Million Allocation to Plume Vault
EtherFi announced a $25 million investment in Plume's real-world asset protocol Nest, a move aimed at introducing stable yields and reducing dependence on crypto market volatility. The nBASIS vault deployed in this round integrates strategies including crypto basis trading, staking rewards, and government securities returns, allowing users to streamline participation in high-yield operations. As the RWA market expands rapidly, its tokenized total value has grown to $27 billion, primarily driven by U.S. Treasury securities.
MarketWhisper16m ago
Keyrock Broadens Liquidity Provision for $AUSD Stablecoin of Agora
Keyrock, a prominent digital asset liquidity platform, has partnered with Agora, a stablecoin infrastructure entity. As a part of this collaboration, Keyrock is expanding liquidity provision for Agora’s native $AUSD stablecoin. As Keyrock mentioned in its official social media announcement, the
BlockChainReporter56m ago
Sui Launches Hashi Bitcoin DeFi Protocol Supporting BTC Yield and Lending
Gate News: On March 19, Sui blockchain launched Hashi, a Bitcoin DeFi protocol. The protocol offers a smart contract-based trustless model that allows retail and institutional users to earn yields and conduct lending operations using Bitcoin, aiming to unlock the utility of BTC.
GateNews2h ago
AlphaTON Capital plans to acquire a 60% stake in GAMEE for 11 million USD
AlphaTON Capital announced the acquisition of a 60% controlling stake in GAMEE, a gaming company under Animoca Brands, for a maximum of $11 million, valuing the company at $18 million in total. The two parties also signed a strategic alliance agreement to jointly explore the blockchain and social gaming sectors. The transaction will be completed within 30 days, including installment payments and performance-based earnout clauses.
GateNews2h ago
