APACX: Southeast Asia's stablecoin infrastructure service provider, driving compliant financial reforms
Bnews editor
The APACX team is composed of senior practitioners from the fields of payment, Web3, asset management and traditional Internet, with both the foresight of financial technology and practical experience in mature markets. The core members have led the development of cross-border payment systems, the design of stablecoin protocols and the implementation of large-scale digital wallet applications, and have experience in compliance operations in the traditional asset management industry.
In Southeast Asia, a hotbed of rapid digital economic development, a distinct contradiction is giving rise to opportunities for financial innovation: According to the World Bank's 2021 Global Financial Inclusion Index (Global Findex), although only 56% of adults in the region's 680 million population have bank accounts, the latest data from DataReportal 2023 shows that the penetration rate of smartphones has exceeded 75%, and mature markets such as Singapore and Malaysia have exceeded 80%. This unique pattern of "digital devices first, financial services lagging behind" is building a natural testing ground for digital financial instruments such as stablecoins-when the mobile terminal reach rate far exceeds the bank branch coverage rate, leapfrogging financial inclusion may be quietly happening in this vibrant market.
Core Positioning: Comprehensive Service Provider of Stablecoin Infrastructure
The APACX team is composed of senior practitioners from the fields of payment, Web3, asset management and traditional Internet, with both forward-looking financial technology and practical experience in mature markets. Core members have led the development of cross-border payment systems, stablecoin protocol design and large-scale digital wallet applications, and have experience in compliance operations in the traditional asset management industry. This diverse professional background enables the team to accurately grasp the unique needs of the Southeast Asian market of "digital first, financial supplement" and build innovative and practical digital financial solutions for local users
APACX takes stablecoins as the core and provides full-link infrastructure services for financial institutions, enterprises and Web3 ecosystem participants. Its business covers three major directions:
1. Stablecoin issuance consulting and custody: Support institutions to customize the development of local currency-anchored stablecoins (such as the Philippine Peso stablecoin PHT), and provide dynamic collateral rate management, real-time reserve auditing and multi-chain wallet custody services.
2. Cross-border payment and settlement: By integrating SWIFT, local clearing systems and blockchain networks, cross-border settlement can be achieved in minutes, reducing transaction costs by more than 60%.
3. Compliance access support: Provide legal currency deposit and withdrawal interfaces, license application consultation and local compliance framework design for DeFi protocols and traditional enterprises transforming to Web3.
APACX is verifying its model in the Philippine market, and is building a scenario network covering cross-border e-commerce, cross-border remittances, supply chain finance and other fields through cooperation with local bank-level payment institutions. At present, the peso stablecoin PHT, which it participates in incubation as a technology provider, has access to more than 800 compliant offline exchange nodes, and will further expand to more high-growth scenarios.
Technical foundation: comprehensive capabilities behind the service
APACX's technical architecture is based on the principle of "compliance first, scenario-driven", and continues to accumulate in three major modules:
1. Multi-chain wallet and smart account: Through the enterprise-level multi-chain wallet SDK and MPC/AA smart account system, it provides white label solutions for financial institutions to help them quickly deploy compliant digital asset portals;
2. Customized stablecoin framework: Support dynamic mortgage mechanism and real-time reserve audit system to ensure reserve transparency, while supporting virtual-legal currency exchange network and physical savings card services;
3. Blockchain security infrastructure: Relying on SlowMist Technology's full-stack audit technology, Chainlink's decentralized oracle network, and Lukka's real-time transaction risk control engine, build a full-link system from data verification to asset protection.
Technical complexity is encapsulated as a standardized service module, and customers can call the required functions without going deep into the bottom layer. For example, a medium-sized e-commerce website can quickly integrate APACX's payment system through multi-chain wallet and smart account technology, and the cross-border settlement time is shortened from 3 days to real-time arrival.
Regionalization strategy: Building a financial interconnection network in Southeast Asia
APACX's expansion blueprint is based on regulatory coordination and infrastructure reuse as core strategies. APACX is accelerating the replication of proven technology models to markets such as Vietnam and Thailand. The completion of this network is expected to save regional companies more than $1.5 billion in cross-border settlement costs each year.
A deeper strategy is to build a cross-industry resource matrix. APACX is forming an ecological closed loop of "payment-clearing-asset management" by connecting financial institutions, regulators and e-commerce platforms. For example, in the supply chain finance scenario, companies can use APACX's smart investment advisory system to achieve automatic configuration of fiat currency and digital assets, while avoiding exchange rate fluctuation risks through multi-currency funding pools. This three-dimensional coordination of "technology-scenario-regulation" has built a significant competitive barrier for APACX.
Future vision: paradigm innovation of Web3 financial infrastructure
APACX's practice provides a replicable Web3 transformation path for emerging markets. Its technical architecture not only achieves a leap in payment efficiency (from T+3 to real-time clearing), but more importantly, it explores the integration paradigm of regulatory framework and decentralized technology through a compliance-first strategy.
In the next three years, APACX plans to expand its service network to 80% of the major economies in Southeast Asia, and eventually form a compliant financial ecosystem covering 50 million users and an average daily transaction volume of more than US$5 billion, providing underlying support for the regional economy's transition from Web2 to Web3.
Conclusion
From the issuance of stablecoins to cross-border payment networks, APACX has redefined the paradigm of financial innovation in Southeast Asia as an infrastructure service provider. Its story is not a simple technological disruption, but how to find a landing point in a complex regulatory environment so that the efficiency dividend of Web3 can truly benefit the real economy. This may be the financial revolution that emerging markets need most - embracing the future while taking root in reality.
