Speaking at the Token2049 conference in Singapore, Tenev said that in the future, “everything will be on-chain in some form, and the distinction [between crypto and traditional finance] will disappear.”
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Hong Kong just handed its first stablecoin licences to the same banks that print its banknotes. The HKMA chose HSBC and Standard Chartered's Anchorpoint venture from 36 applicants — a deliberate bet that trusted institutions make the safest foundation for digital money.
As of March 2, 2026, ADA trades at approximately $0.29, down from highs above $1.00 reached in early 2025. The current market capitalization stands at roughly $10.77 billion, with a circulating supply of approximately 36.07 billion ADA.
At Money20/20 Asia 2026 in Bangkok, the lines between traditional finance and DeFi continued to blur. From J.P. Morgan’s blockchain scale to EMURGO’s self custody push, the event revealed a clear shift toward interoperable, user controlled financial systems.
Fopay arrives at a pivotal moment. With the implementation of stablecoin regulatory frameworks across major jurisdictions — including the EU’s MiCA, the U.S. Stablecoin Act, and Hong Kong’s Stablecoin Ordinance passed in May — the stage is set for compliant crypto payment platforms to scale globally.