OSL Chief Business Officer Eugene Cheung: Stablecoin payments urgently need a mature and compliant settlement layer.

PANews reported on April 21 that Eugene Cheung, Chief Commercial Officer of the OSL Group, stated at the Money 20/20 Asia Summit in Bangkok on April 21 that one of the core challenges for stablecoin payments to achieve institutional-scale application is building a mature compliance and risk management settlement layer capable of supporting complex business needs. Financial institutions must be confident that their systems can handle extremely complex legal compliance and asset custody risks before migrating large-scale transactions to blockchain. This is the core reason why OSL has always insisted on licensed operation and has been deeply involved in institutional-grade infrastructure development.

He stated that stablecoin payment systems need to benchmark against traditional payment giants and establish an efficient "control layer" to handle compliance reviews and global settlements. OSL is also exploring integrating artificial intelligence technology into the control aspects of its payment business, leveraging AI to enhance the efficiency of compliance decision-making and risk penetration capabilities.

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Author: PA一线

This content is for market information only and is not investment advice.

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