Capital Layer partners with Taiwan's largest system integrator, Donyang Technology, to take the lead in establishing NTD stablecoin banking settlement infrastructure.

ChainNewsAbmedia

Blockchain enterprise settlement infrastructure provider Capital Layer announced a strategic distribution partnership with Donyang Technology (TWSE: 2480). Donyang Technology is the largest local system integrator in Taiwan, listed on the Taiwan Stock Exchange, with over 30 years of experience in enterprise services and more than 2,000 corporate and financial institution clients. They will assist Capital Layer in integrating its enterprise settlement infrastructure into major banks and financial institutions in Taiwan.

Timing of the layout: NTD stablecoin expected to launch as early as mid-2026

The timing of this collaboration aligns closely with the Taiwan Financial Supervisory Commission’s confirmation that the NTD stablecoin is expected to be launched by mid-2026. Capital Layer pointed out that banks issuing, settling, and managing new Taiwan dollar-denominated stablecoins must begin assessing their infrastructure before the regulatory framework officially comes into effect—this is the core logic of this collaboration.

Currently, cross-border transfers in Taiwan take several days, with exchange rate differences reaching 2-4%, and must go through multiple layers of intermediary banks, resulting in extremely low efficiency in connecting with major trade corridors in Asia. Capital Layer’s enterprise-grade on-chain settlement solution focuses on programmability, auditability, compliance, and cross-currency corridor interoperability.

Donyang Technology: A trusted infrastructure partner of Taiwan’s banking industry

Justin Wang, founder and CEO of Capital Layer, stated: “Taiwan’s positioning in the Asian trade corridor determines the role it should play in the next-generation settlement network. Our collaboration with Donyang Technology gives us the opportunity to turn this assessment from concept into actual infrastructure. Taiwan does not lack production capacity; what it lacks is a settlement framework that matches this capacity.”

Donyang Technology has over 30 years of experience building complex ICT infrastructure for Taiwan’s financial sector and is a long-term trusted system integrator for Taiwan’s banking industry. This is also a key reason for Capital Layer’s choice to collaborate with them—gaining institutional trust required to enter the banking system takes decades to establish.

Asian on-chain settlement race: Countries proceeding simultaneously

Taiwan is not alone. Capital Layer noted that the regulatory and institutional conditions for enterprise-grade on-chain settlement in Asia are converging in multiple locations:

Hong Kong has issued the first batch of stablecoin licenses

The Bank of Japan has launched a blockchain reserve settlement sandbox

The Central Bank of Malaysia is trialing a ringgit stablecoin with Standard Chartered Bank and Malayan Banking Berhad

Capital Layer has already begun collaborations with some banks and enterprises in Taiwan and plans to expand into the entire Asian market after establishing a foothold in Taiwan.

This article on Capital Layer partnering with Taiwan’s largest system integrator Donyang Technology to take the lead in laying out NTD stablecoin banking settlement infrastructure first appeared in Chain News ABMedia.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

SIX Taps Chainlink to Deliver Equities Data Onchain

SIX has integrated Swiss and Spanish equities data onchain via Chainlink's DataLink, enhancing access to over 75 blockchain networks. This allows the use of verified market data in various digital finance products, meeting growing institutional demands for reliable data.

CryptoFrontNews3h ago

Hoskinson Reignites XRP Value Debate as Integration into Cardano DeFi Moves Forward

Charles Hoskinson reignited discussions on XRP's value during his analysis of Midnight's tokenomics on "The O Show." He contrasted Ripple's control of XRP with Midnight's community-driven model, sparking reactions from XRP supporters. Despite tensions, Hoskinson confirmed ongoing efforts to integrate XRP into Cardano's DeFi ecosystem.

GateNews3h ago

Vitalik and Ethereum Foundation Chair Aya Miyaguchi Confirmed to Speak at Hong Kong Ethereum Community Hub Launch

Vitalik Buterin and Aya Miyaguchi will speak at the Hong Kong Ethereum Community Hub opening on April 21. The hub, Asia's first Ethereum-backed space, aims to connect Eastern and Western ecosystems with discussions on key topics like zero-knowledge proofs and AI.

GateNews3h ago

SGB Launches USDC Mint Service on Solana Network

SGB enables instant USDC minting and redemption on Solana, improving cross-border payments with real-time settlement. Service targets institutions, removing intermediaries and supporting 24/7 liquidity and treasury management. Expansion plans include more stablecoins and retail access, li

CryptoFrontNews5h ago

KAST Partners With Immunefi to Strengthen DeFi Security Infrastructure

KAST.xyz partnered with Immunefi to enhance security for its stablecoin-based financial platform, integrating advanced monitoring tools to protect users in decentralized finance. This collaboration underscores the importance of robust cybersecurity in fostering trust within the Web3 landscape.

GateNews7h ago

ATT Global Partners with ENI to Link Physical Advertising with Blockchain Infrastructure

ATT Global and ENI have partnered to integrate real-world advertising with blockchain technology, enhancing user engagement and creating measurable digital assets. This collaboration aims to convert traditional Web2 traffic into quantifiable Web3 interactions through decentralized systems.

GateNews7h ago
Comment
0/400
No comments