PANews reported on July 6 that according to Zhitong Finance, Yuxin Technology released an investor relations activity record form. Since going overseas in 2019, the company has had successful cases with various foreign banks' front, middle, and back office business systems, and is actively exploring more product and business implementations. The company is supporting the digital upgrade of foreign banks, completing the construction of related new-generation systems; it is also continuously discussing new business system upgrades and related cooperation opportunities with state-owned banks in Hong Kong; in addition, for non-bank institutions, we will negotiate comprehensive technological empowerment with the domestic accumulated technical capabilities, product reserves, customer ecosystem resources, and various overseas licensed institutions to support multi-level business development.
According to previous news, Yuxin Technology disclosed that it is actively connecting with core participants in the stablecoin ecosystem, including in-depth contact with issuers and signing non-disclosure agreements. The discussions focus on the full-process requirements for stablecoin issuance, clarifying the specific responsibilities of each party in the issuance process, outlining feasible technical solutions, and integrating each other's advantages and resources.