Building a Stable Future: How Banks and Tech Teams Are Shaping On‑Chain Money

The gathering in Hong Kong saw key players from blockchain firms, banks and cloud providers chat about how digital money can fit into everyday business. The meeting was private and aimed at deciding the next steps for a technology that is still new but already worth more than $100 billion in market value. The main speaker, a tech leader from Cregis, said the big question is no longer “can we do it? ” but “how can we scale it safely for the world’s biggest companies. ” He explained that early on people used simple wallets like MetaMask, but businesses need secure and regulated ways to hold their own digital cash. Cregis built a three‑layer system: a vault that uses advanced math to keep keys safe, a workspace that tracks who can access money and why, and a platform that lets companies link the system to their existing accounting and payment tools. This setup has helped the company grow to 50 countries, serve almost 3, 500 clients and keep zero security incidents. Beyond wallets, the firm wants to push stablecoins—digital money pegged to real currencies—into mainstream use. They are working on custody services that look like bank accounts, and they hope to create a global settlement network that could replace old clearing houses. Their goal is for businesses to use these digital currencies without worrying about the technical details of ownership and safety.Another session highlighted the hurdles to wide adoption. A stablecoin CEO said cross‑border payments still suffer from high fees and unpredictable costs when the network is busy. A blockchain network chief said new local stablecoins could grow alongside global ones, especially in emerging markets where the current system is weak. A compliance expert noted that crypto’s lack of regulation creates both problems and opportunities for new payment gateways. Security experts warned that most breaches happen because people make mistakes, not because of clever hackers. They urged the industry to develop real‑time risk tools and clear standards that everyone can follow, especially as new tools like oracles could predict fraud before it happens. Some speakers also criticized current rules that ask users to prove wallet ownership with screenshots, saying they are too hard and slow. A cloud giant talked about how its services can give businesses a stable, highly available foundation for digital money. The overall consensus was that security and compliance must be built into the system from the start, not added later. The participants agreed that as regulations clear up and technology matures, on‑chain finance will reshape how money moves around the world.