IDA Finance and Progmat Inc. Collaborate to Enhance Hong Kong-Japan Trade via Stablecoin Remittances

IDA Finance and Progmat Inc. Collaborate to Enhance Hong Kong-Japan Trade via Stablecoin Remittances

A stablecoin-powered cross-border remittance service has been launched by Hong Kong-based digital asset firm IDA Finance in collaboration with Japan's Progmat Inc., blockchain developer Datachain Inc., and cross-chain infrastructure provider TOKI FZCO. The partnership seeks to expedite import-export transactions between Japan and Hong Kong by utilizing blockchain technology. A proof-of-concept (PoC) for stablecoin-denominated payments in Hong...

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