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DCS Says Stablecoins Will Unify Payments and Settlement

2 reports2 sourcesupdated 3 hours ago

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AI-assisted source synthesis · not an independent investigation.

On October 28, 2026, Fintech News Singapore and Fintech News Hong Kong separately reported that Jia Hang, executive chairman and chairman of DCS Group, reviewed the payment industry’s evolution over more than 20 years from bank cards and mobile wallets to stablecoins. He believes that stablecoins will drive the integration of payments and settlement, making payments equivalent to settlement and enabling data flows and fund flows to be combined. Jia Hang also shared his experience participating in the expansion of UnionPay’s Americas business and Ant Group’s international strategy, introduced the “GLocal” and “GNet” strategies behind Alipay+, and positioned DCS as a “Web 2.5 bridge” connecting the traditional internet with new systems. The reports did not disclose specific products, launch timelines, or transaction data.

AI-written from reports · updated 3 hours ago

LatestOct 28 17:47
Jia Hang recently said that stablecoins will combine data flows and fund flows, driving the integration of payments and settlement.

Timeline

Follow the reporting to see the different sides of the story.

Oct 28
  1. Fintech News Hong Kong
    What 20 Years of Payments History Says About the Next 20 Years: DCS Chairman Jia Hang on Bank Cards, Mobile Wallets and Stablecoins

    DCS Group Executive Chairman Jia Hang reviews the evolution of payments from bank cards and mobile wallets to stablecoins, and believes stablecoins can combine data flows with fund flows, making payments equivalent to settlement. Having participated in expanding UnionPay's business in the Americas and in Ant Group's international strategy, he also explains the “GLocal” and “GNet” strategies behind Alipay+, as well as DCS's positioning as a bridge to Web 2.5.

  2. Fintech News Singapore
    DCS Executive Chairman Jia Hang: What 20 Years of Payments Reveals About the Next 20 Years

    DCS Group Executive Chairman Jia Hang reviewed the more than 20-year evolution of payments from bank cards and mobile wallets to stablecoins, and said stablecoins will bring payments and settlement together. He also shared his experiences with UnionPay’s expansion in the Americas and Ant Group’s international strategy, arguing that stablecoins can merge data flows and capital flows, with DCS serving as a Web 2.5 bridge.

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