Lotus Tech Discusses Stablecoin Adoption During TOKEN2049 Singapore Event
News related to:Lotus Technology Inc · 2 min read
NEW YORK, Oct. 15, 2026 /CourierPR/ -- Lotus Technology Inc., a leading global intelligent and luxury mobility provider, participated in a TOKEN2049 Singapore side event on October 6, 2026, where the company's Chief Financial Officer, Dr. Daxue Wang, discussed the conditions necessary for wider stablecoin adoption in real-world payments. The event, titled "Stablecoin & Payments: Funds Flow," was hosted by WasabiCard and brought together representatives from global enterprises, payment networks, stablecoin infrastructure, institutional finance, tokenization platforms, digital-asset security, and cloud technology.
During the discussion, Dr. Wang highlighted the importance of compliance, security, and addressing real-world operational challenges as key factors for broader stablecoin adoption. He noted that Lotus Tech is seeing significant interest from prospective customers for expanded payment alternatives, including the potential use of stablecoins for vehicle purchases. However, he emphasized that the company is still in the exploratory phase, guided by customer demand, security safeguards, regulatory considerations, and practical implementation.
He noted that Lotus brought an important enterprise and customer perspective to the discussion, emphasizing the need for customer demand, user experience, and operational trust in the development of practical payment products.
The discussion at the TOKEN2049 event focused on the practical requirements for tokenized markets and stablecoin payments to gain wider institutional and business adoption. Dr. Wang's participation in the event underscores Lotus Tech's commitment to staying at the forefront of emerging payment technologies and aligning with customer expectations.
Forward-looking statements in the press release are subject to the risks and uncertainties identified in the company's filings with the U.S. Securities and Exchange Commission, including the Private Securities Litigation Reform Act of 1995. Lotus Tech will continue to evaluate emerging technologies according to customer needs, implementation feasibility, and long-term business value.
The event brought together a diverse group of stakeholders, including representatives from global enterprises, payment networks, stablecoin infrastructure, institutional finance, tokenization platforms, digital-asset security, and cloud technology. Discussions centered on the practical requirements for tokenized markets and stablecoin payments to gain wider institutional and business adoption.
Dr. Wang's remarks highlighted the importance of customer-led innovation, payment security, and the conditions needed for wider stablecoin adoption from the perspective of a global consumer brand. He evaluated how emerging payment technologies could respond to changing customer expectations and noted that Lotus Tech is expanding its product portfolio and technology choices in response to changing customer needs.
The event underscored the growing practicality of industry dialogue around stablecoin-enabled payments, but wider adoption will depend on stakeholders effectively tackling security, regulatory clarity, user costs, sustainability, and genuine business applications. Dr. Wang's participation in the discussion highlighted the importance of customer demand, user experience, and operational trust in the development of practical payment products.
Ray Yang, Co-founder and CEO of WasabiCard, emphasized the need for global businesses to use stablecoin technology within reliable, compliant, and familiar payment workflows. He noted that WasabiCard's platform supports global card issuing, multi-currency settlement, stablecoin funding, and embedded payment capabilities designed for modern global commerce.
The discussion at the TOKEN2049 event was part of a broader effort to explore the practical requirements for tokenized markets and stablecoin payments to gain wider institutional and business adoption. Dr. Wang's participation highlighted the importance of customer demand, security, and regulatory considerations in the ongoing exploration of stablecoin adoption.