Stablecoin Summit 2024 Returns to Singapore - Leaders of DeFi and Traditional Finance Convene to Foster Blockchain Finance Adoption

SINGAPORE, Aug. 29, 2024 /PRNewswire/ -- Imagine a world where forex settling houses are replaced by smart contracts. A world where remittance charges are replaced by gas fees. Or one where corporations can move money around the world with lightning-fast, fully transparent, and trustless settlements.

This is no longer a figment of the imagination: stablecoins are here.

Organised by XREX Inc., Unitas Foundation, and Co-Hosted by First Digital, the Stablecoin Summit Singapore returns for its second edition. Brimming with top-tier speakers and cutting-edge content, the summit promises to build on the success of its inaugural edition, which saw over 300 attendees, including founders from top stablecoins, DeFi protocols, and Singaporean institutions.

Speakers at this year's edition include leaders from top stablecoins including Circle, Paxos, FDUSD, Ethena, FRAX, and many more, alongside a full suite of industry veterans, including founders or leaders from AAVE, Stellar, CELO, Truflation, Coinbase, and more. Other notable speakers include Austin Campbell, an NYU Stern professor who has advised global banks and leading governments on stablecoins, and Raagulan Pathy, co-founder of KAST, who has an established track record of moving stablecoins across entire regions.

From beyond the stablecoin sphere, the summit features leaders from organisations that move trillions of dollars globally, including Tazapay, SAP, and Worldpay. Our speakers will cover a wide range of topics, including:

Stablecoin Summit Singapore 2024 aims to accelerate the cross-pollination between stablecoin issuers, DeFi protocols, and global institutions. Aside from our speakers and sponsors, the event will feature attendees from global and regional banks, as well as leaders in financial consulting, AML/Compliance, and more. 

"We are excited to bring Stablecoin Summit back to Singapore. With more maturity in regulatory technology and compliance standards, stablecoins now have an undeniable product-market fit. XREX looks forward to growing this space with industry peers, financial institutions, and regulators, to grow the future of blockchain finance." - Wayne Huang, Co-founder & Group CEO, XREX

"Singapore's position as an international financial hub in Asia makes it the ideal location to convene industry leaders and spearhead meaningful and sustainable innovation. First Digital is proud to co-host the Stablecoin Summit 2024 alongside XREX and Unitas, where we will highlight the transformative role of stablecoins in reshaping global payment systems. Together, our shared goal is to enhance education and awareness, driving the accelerated adoption of stablecoins worldwide" - Vincent Chok, Founder & CEO, First Digital

"I'm excited to be returning to Stablecoin Summit. It's clear stablecoins have escape velocity as true digital money, and will be a key enabler to bring billions of users on chain. Stablecoin Summit is a fantastic, high energy venue that brings builders, operators, and investors together to share perspectives and debate the future of money" - Hassan Ahmed, Country Director Singapore, Coinbase

"Stablecoins are one of the most exciting areas in FinTech today. Singapore is absolutely on the leading edge of innovation in the crypto sector, and Stablecoin Summit is a premier event bringing together global experts and major industry players. It's both a blessing and a curse that the crypto sector is defined by remote, borderless work. Events like Stablecoin Summit help create communities and remind us of our shared sense of purpose to reinvent the global financial system." - Joao Reginatto, CSO, M^0

About the Organisers:

XREX is a blockchain-enabled financial institution working with banks, regulators, and users to redefine banking together. XREX provides enterprise-grade banking services to small to medium-sized businesses (SMBs) in or dealing with emerging markets, and novice-friendly financial services to individuals worldwide. XREX Singapore operates under the Major Payments Institution (MPI) license issued by the Monetary Authority of Singapore (MAS).

Unitas Foundation is the team behind Unitas Protocol, which defines a new stablecoin category -- unitized stablecoins. These serve as units of account representing emerging market currencies. Unitas' unitized stablecoins are over-reserved with exogenous USD stablecoins (e.g., USDT, USDC, Dai), thereby providing transaction ease and efficiency for people in emerging markets while secured by underlying USD stablecoin value.

First Digital specialises in providing bespoke multi-asset Custodial, Trust, Payments and Stablecoin solutions to businesses, financial institutions and family offices navigating the next frontier in finance.

First Digital Labs is the brand name of FD121 Limited, a Hong Kong-registered subsidiary under the First Digital Group. First Digital Labs is building a portfolio of stablecoins with uncompromising trust from Asia, designed to meet the needs of global businesses and institutions to facilitate efficient and compliant global expansion, cross-border payments and trade settlements.

First Digital USD (FDUSD) is a fully 1:1 USD-backed stablecoin with uncompromising trust by design offering integrity, accessibility and scalability. FDUSD is always redeemable on a one-to-one basis for cash. Reserves are fully backed by highly liquid cash and cash equivalent assets, held in fully segregated bankruptcy-remote holding structures. Collateral is safeguarded by a top-tier, qualified custodian with a trust license for seamless asset protection and regulatory compliance, with independent attestation reports published monthly. FDUSD is issued onshore out of Asia, is the first native stablecoin on the Sui network and currently available on Ethereum and BNB Chain. FSUSD has since become one of the top five USD-denominated stablecoins by market cap. To learn more about FDUSD, visit www.firstdigitallabs.com

For more information and to register for the event, visit Stablecoin Summit Singapore 2024.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Stablecoin Summit 2024 Returns to Singapore - Leaders of DeFi and Traditional Finance Convene to Foster Blockchain Finance Adoption

SAN JOSE, Calif., Sept. 14, 2024 /PRNewswire/ -- From September 10-12, 2024, MSquare Technology made a standout appearance at the highly anticipated AI Hardware & Edge AI Summit in San Jose. With 1,500+ attendees and 75+ stellar speakers from the industry leaders, the summit provided MSquare, a leading provider of semiconductor IP and Chiplet solutions, a key platform to showcase its latest products, highlighted its role in driving innovation within the AI ecosystem through practical case studies and proven results.

Pushing the Boundaries: Innovation-Driven and Shaping the Future

At the forefront of innovation in interconnect IP and Chiplet solutions, MSquare continues to break new ground. MSquare's IO Die ML100, is a leading high-bandwidth memory solution. With its integrated high-efficiency Die-to-Die interconnect IP and support for the UCIe 1.1 protocol, the IO Die ML100 enables ultra-fast data transfer and low-latency inter-chip communication, drastically enhancing the efficiency of AI model training and inference, propelling advancements in AI development.

The IO Die ML100, with its high-speed HBM3 memory subsystem, offers a maximum bandwidth of 819.2 GB/s and supports a transfer rate of 6400 Mbps, adhering to the standard HBM3 JESD238 protocol. It meets the stringent demands for high bandwidth and low power consumption in AI applications, laying a solid foundation for future advancements in AI technology.

Diverse Product Portfolio: Setting the Standard for Innovation

MSquare has built a comprehensive and robust IP product portfolio, cementing its role as a key player in the development of cutting-edge IP infrastructure. Its extensive range of IP products has been validated and mass-produced across a wide spectrum of process nodes, from 5nm to 180nm, supporting over 400 different process technologies at the world's 5 leading foundries.

MSquare's portfolio includes high-speed interconnect IPs such as HBM, LPDDR, ONFI, UCIe, eDP, PCIe, and USB, as well as advanced Chiplet solutions like the M2LINK platform. Together, these offerings form a powerful and open ecosystem that supports digital transformation and drives innovation across industries, from AI and data centers to automotive, IoT, and consumer electronics.

Global Expansion: Building an Ecosystem of Innovation

MSquare is accelerating its global expansion, establishing strategic hubs in San Jose, Sydney, and Tokyo to foster deeper collaboration and strengthen its position in the global AI and semiconductor ecosystems. The AI Hardware & Edge AI Summit offered MSquare an invaluable opportunity to not only demonstrate its technological prowess but also foster collaboration with industry leaders across the AI hardware landscape. MSquare is committed to working alongside global partners to tackle the opportunities and challenges of the AI era, shaping the future of the industry together.

Looking Ahead: A New Era of AI Innovation

As AI and edge computing technologies continue to evolve at breakneck speed, MSquare remains steadfast in its mission to lead the charge in interconnect IP and Chiplet innovation. Through its participation in this summit, MSquare has showcased its unwavering commitment to pushing technological boundaries and driving the future of AI. MSquare looks forward to continuing its collaboration with industry peers to explore new possibilities and to create the next era of AI advancements.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

MSquare Technology Showcases Leadership in IP and Chiplet Innovation at the AI Hardware & Edge AI Summit