Steel Searcher will support stablecoin Settlement in collaboration with Steel Group and Coin Group.

robot
Abstract generation in progress

[Bitu] According to reports, Zhaogang Group - W(06676.HK) announced that in 2025 the company will sign a letter of intent with Yuan Coin Group, indicating the preliminary intention for strategic cooperation.

Accordingly, the company's sub-brand Steel Searcher will support stablecoin settlements and related activities. It is reported that Steel Searcher provides digital steel trading services and international bulk commodity business, covering multiple countries and regions.

The company signed a letter of intent with Steel Searcher and the Round Coin Group to establish a strategic partnership, fully supporting its stablecoin settlement for international trade business. According to the letter of intent, pending the signing of a formal agreement by both parties and obtaining relevant regulatory approvals including approval from the Hong Kong Monetary Authority (, the preliminary intention includes cooperation in the following areas within the compliance regulatory framework.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
NewDAOdreamervip
· 07-31 09:16
Finally, someone dares to step into the pit.
View OriginalReply0
TopBuyerBottomSellervip
· 07-28 13:12
Is this news even worth discussing? It's fake.
View OriginalReply0
MetaverseVagabondvip
· 07-28 11:35
Claiming to be innovative, but it actually depends on regulation.
View OriginalReply0
GateUser-a5fa8bd0vip
· 07-28 11:28
Supporting stablecoins should have been arranged a long time ago.
View OriginalReply0
SelfSovereignStevevip
· 07-28 11:26
Are we starting to work on stablecoins?
View OriginalReply0
NftBankruptcyClubvip
· 07-28 11:18
Stablecoin is the savior, right?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)