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Mysten Labs is focused on building foundational infra to accelerate web3 adoption.
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Hong Kong Crypto Payment Company Adds Support for Sui and Native USDC
Odaily News: Hong Kong-based crypto payment company RedotPay announced the addition of support for SUI and USDC-Sui within its application. Users can now spend and transfer funds in over 100 countries globally using its card and payment services. This integration, built on the Sui network developed by Mysten Labs, enables support for native USDC, marking an expansion from cross-chain assets to native assets.RedotPay stated that it currently has over 7 million users, with an annualized payment volume exceeding $10 billion. (TechinAsia)
OpenAssets and Chainlink Announce Strategic Partnership to Launch Asset Tokenization Infrastructure Solution for Institutional Clients
According to PR Newswire, OpenAssets, a digital asset infrastructure provider, announced a strategic partnership with Chainlink. The collaboration will combine OpenAssets’ full-stack tokenization and stablecoin infrastructure with Chainlink’s oracle network, cross-chain interoperability protocol (CCIP), Digital Transfer Agent, NAVLink, and Price Feeds to help financial institutions launch production-ready, institutional-grade asset tokenization solutions. OpenAssets stated that an estimated $68 trillion in assets is expected to be tokenized on-chain over the next several years. OpenAssets’ partner network includes ICE, Tether, Fanatics, Mysten Labs, and KraneShares; Chainlink has been adopted by institutions including SWIFT, Euroclear, and Mastercard.