/Ratio

Ratio is the on-chain FX orchestration layer connecting
capital, liquidity, and markets across Asia.

[/Ratio @RatioFX]

Introducing Ratio: Stablecoin Orchestration Layer for Asia's $6T+ cross-border payments market.

We're eliminating friction in regional value movement with compliant, instant FX execution delivering enterprise-grade settlement at a fraction of legacy costs. 🧵👇

[/Ratio @RatioFX]

🪙 Weekly Stablecoin Roundup 🪙

🏦 SoFi launches stablecoin access to 14.7M users
→ SoFiUSD now integrated into Sofi App
https://t.co/VjkJCFOMTU

📱 Block begins Cash App USDC rollout to 60M users
→ One of the largest stablecoin consumer distributions to date
→ Stablecoins moving directly into peer-to-peer payments + consumer wallets
https://t.co/oPSGjjCndf

🚨 StablR freezes USDR + EURR after $13.5M exploit
→ Attacker minted unbacked stablecoins
→ Highlights growing importance of reserve controls + issuer governance
https://t.co/s7KsEv7ClV

[CoinDesk @CoinDesk]

INSIGHT: The stablecoin market hits a record $322B

Larger than the FX reserves of 95 countries including the UK, Canada and UAE, as capital continues migrating to blockchain rails at an unprecedented pace.

[Unifi @unifi_x]

📢 Japan’s Digital Yen Stablecoin ‘JPYC’
Now Officially Supported on Unifi ✨

Japan’s first government-approved digital yen stablecoin, ‘JPYC’,(@jpyc_official) is now officially supported on Unifi starting today! 👏

💴 What is JPYC?
JPYC is a stablecoin pegged to the value of the Japanese yen,
offering stable value based on 1 JPY = 1 jpyc.

Now anyone can easily and securely use JPYC within Unifi!
✅ Store JPYC
✅ Deposit & Withdraw JPYC

🔜 In the future, Unifi will also provide various JPYC-based features including payments, transfers, rewards, and interest services.
Unifi will continue building a global stablecoin experience connecting more regions and currencies. Stay tuned for more updates and support!

View the official Unifi JPYC announcement👇
https://t.co/zRNASsfJXF

#Unifi #LINENEXT #JPYC

[/Ratio @RatioFX]

https://t.co/7Oybzx58H7

[Kaia @KaiaChain]

BREAKING: South Korea's largest bank, KB Kookmin, successfully pilots KRW stablecoin integration for offline payments and global remittances on @KaiaChain. 🇰🇷

[/Ratio @RatioFX]

🪙 Weekly Stablecoin Roundup 🪙

🇺🇸 U.S. Senate committee advances CLARITY ACT
→ One of the biggest regulatory milestones yet for digital assets
→ U.S. is moving closer toward formalized stablecoin frameworks
https://t.co/Yjrf6jsNVZ

🇯🇵 JPYC launches on Kaia
→ Yen-backed stablecoin expands distribution into Asia-focused ecosystem
https://t.co/YYjKe4iuYl

🌍 Iran conflict pushes Gulf migrants toward stablecoin remittances
→ Workers across Asia increasingly turning to stablecoins during geopolitical instability
→ Stablecoins becoming practical rails for cross-border survival
https://t.co/ZRGL7p5ULn

[/Ratio @RatioFX]

A big step forward for local currency stablecoins in Asia.

As more assets like @jpyc_official come onchain, the opportunity around cross-border settlement, FX, and regional liquidity coordination continues to grow.

Excited to see the APAC stablecoin ecosystem continue maturing through the @KaiaChain ecosystem.

https://t.co/YYjKe4iuYl

[/Ratio @RatioFX]

👀

[JPYC株式会社 @jpyc_official]

COMING SOON...

[/Ratio @RatioFX]

Moving forward

[Bitcoin Magazine @BitcoinMagazine]

BREAKING: 🇺🇸 Senate Banking Committee PASSES the Clarity Act in 15-9 vote.

The bill now goes to the full Senate.

[/Ratio @RatioFX]

https://t.co/aMhBntrM2J

[Larry 小薯仔 🥔 @ImSmolpotato]

Conversion completes the stablecoin payment pyramid. It's where regulatory and operational complexity converge.

USD stablecoins alone already have multilayer complexities. The problem is magnified in Asia.
In a few months, every major economy in Asia will roll out its own independent stablecoin framework.

Conversion and orchestration here isn't a single integration. It's a coordination problem across issuers, rails, and compliance regimes that don't talk to each other.

That's what @RatioFX solves. 🟣

Every market will eventually have its own local stablecoin. Ratio is future proof. 🌏

[/Ratio @RatioFX]

Great breakdown on why stablecoins matter beyond payments.

FX is a multi-trillion dollar infrastructure layer built around liquidity, settlement, and treasury management.

For Korea, a key opportunity is enterprise FX for global Korean companies still operating through T+2 settlement, correspondent banking friction, and non-CLS currency risk.

[Four Pillars @FourPillarsFP]

https://t.co/hHrAFr2XCU

[/Ratio @RatioFX]

🪙 Weekly Stablecoin Roundup 🪙

🌏 Kraken parent acquires Asian stablecoin firm Reap for $600M
→ Major consolidation play into APAC payments infrastructure
→ Exchanges are moving deeper into stablecoin-powered finance
https://t.co/hyimr0fHAO

🇰🇷 South Korea stablecoin pilot selects post-quantum security layer
→ BTQ chosen to secure future stablecoin infrastructure
→ Countries are now thinking about stablecoins as long-term national rails
https://t.co/DwVWbIxHHO

🇹🇼 Taiwan accelerates digital asset regulation efforts
→ Government signaling stronger push toward regulated digital finance
→ Standard Chartered says Taiwan has an edge in stablecoin growth due to strong fintech infrastructure + cross-border trade positioning
https://t.co/nqJsQ60TeU

🇺🇸 Circle jumps 16% on CLARITY Act compromise
→ Proposed framework preserves stablecoin rewards
→ Markets reacting positively to clearer U.S. regulation
https://t.co/WIZh8oQKY3

[/Ratio @RatioFX]

Appreciate @AleaResearch and @stefanosanabria for the great conversation.

@Iam_JohnCho went deep on APAC stablecoins, intra-Asian trade, remittances, and why onchain FX infrastructure will be critical as stablecoins scale globally.

[Alea Research @AleaResearch]

On this Market Cap episode, our Director of Institutional Services @stefanosanabria speaks with @Iam_JohnCho, CEO at @RatioFX, and Chief Stablecoin Officer at @KaiaChain.

Ratio is an onchain foreign exchange orchestration layer for Asia, providing a unified infrastructure that helps financial institutions, payment platforms, and wallets move value across borders through stablecoins.

On Market Cap we feature firms and funds to explore the thinking that guides them, the patterns they observe, and other forces moving the markets.

Chapters
0:00 Why Money20/20 Feels Nothing Like Token2049
4:12 Hundreds of Millions of LINE and Kakao Users
8:46 Finding Real Consumer Problems and Solutions
13:27 Asian Tigers 2.0 And Intra-Asian Trade
18:42 Asia’s Stablecoin Race For Real-World Edge
22:50 Migrant Workers Haircut By Remittance Fees
29:15 Cost Compression To Financial Democratization
32:42 Rebuilding Trillion-Dollar FX Markets Onchain
44:02 Why Consumer Crypto Stopped Making Sense
48:05 The Endgame: No More On And Off Ramps

[/Ratio @RatioFX]

The most exciting part of @money2020 was seeing fintech + web3 industries merge with stablecoins and infrastructure front and center.

This week, Ratio hosted a padel showdown + VIP dinner to go deeper with founders, operators, and investors building at the intersection. Met a lot of great people along the way.

Big thanks to our partners @tether Line NEXT @unifi_x @edgeandnode @GravityTeam_co @BitkubOfficial and @bitazzaofficial

We're ready for stablecoin summer.

[/Ratio @RatioFX]

Full house for the Money 20/20 Stablecoin VIP Dinner w/ @bitazzaofficial @tether @edgeandnode @GravityTeam_co @unifi_x LINENEXT

[Bitazza @bitazzaofficial]

The gathering of leaders across digital assets and fintech continues 🎉

[Nael @nael_idrx]

first event in Bangkok! so happy to see how @RatioFX is trying to solve the local stablecoins problem in Asia.

thank you @Iam_JohnCho @ImSmolpotato for the invite!

[/Ratio @RatioFX]

Ready for @money2020

[/Ratio @RatioFX]

🪙 Weekly Stablecoin Roundup 🪙

🇭🇰 HSBC exploring rollout via PayMe (3.3M users) in 2026
→ Institutions first, then mass distribution through consumer apps
https://t.co/0WS3eOn7LB

🇨🇳 China eyes yuan-backed stablecoin expansion
→ Stablecoins becoming a tool to export currency globally
→ Monetary competition is now a technology race (APAC at the center)
https://t.co/OCb0lT2fdB

🇯🇵 Japan see institutional sentiment shifts with Nomura's 2026 Institutional Investor Survey on Digital Asset Investment Trends
→ 63% see stablecoin use cases (treasury, FX, payments)
→ 79% of institutions plan crypto exposure within 3 years
→ Stablecoins trusted most when issued by major financial institutions
https://t.co/6uaJfj72kI

🇺🇸 Y Combinator completes first all-stablecoin funding round
→ Entire investment paid in USDC
https://t.co/FW2t5pfYMU

🇨🇦 Deloitte + Stablecorp build institutional stablecoin infra
→ Traditional finance building directly on stablecoin rails
https://t.co/ymIjO2kESr