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PRESS RELEASES

HIVEX® Expands Tencent Partnership with TenPay Global to Power Inbound China QR Payments Across Asia

  • Silicon Valley, USA
Silicon Valley, USA


TBCASoft, the developer and operator of the HIVEX® cross-border payment framework, today announced a new phase of its strategic collaboration with Tencent Financial Technology through a partnership with TenPay Global, Tencent’s cross-border payment platform and a designated inaugural foreign institution partner of China’s Cross-Border Interconnection Payment Gateway (CPG).

HIVEX® Partners with StraitsX to Launch Multi-Currency Stablecoin Settlement Across Asia

  • Silicon Valley, USA
Singapore and Silicon Valley, USA


Asia’s First Layer-1 Blockchain Network Powers Compliant Cross-Border Payments at Consumer Scale Singapore and Silicon Valley, USA; November 10, 2025 – HIVEX®, the first Layer-1 blockchain network purpose-built for cross-border mobile payments settlement, announced the expansion of its StableLink™ stablecoin settlement infrastructure through a strategic partnership with StraitsX, a Major Payment Institution licensed and regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act of 2019. This partnership marks a major milestone for HIVEX StableLink, the multi-currency settlement layer that enables wallets and financial institutions to settle cross-border payments. Through the integration of StraitsX’s Singapore dollar-pegged XSGD and U.S. dollar-pegged XUSD, HIVEX will enable live multi-currency settlement corridors connecting key Asian markets supporting over 1.5 billion mobile wallet users and millions of merchants.  “This is a breakthrough moment not just for HIVEX, but for Asia’s digital payment landscape,” said Ling Wu, Founder and CEO of TBCASoft and HIVEX. “We are turning stablecoin settlement from a pilot into real-world infrastructure - supporting tourism, commerce, and interoperability between Asia’s most vibrant economies.”

TBCASoft and Octopus Cards (Hong Kong) Launch Scalable Cross-Border QR Payments via the HIVEX® Network

  • Silicon Valley, USA
Silicon Valley, USA


TBCASoft, the U.S.-based on-chain finance innovator and the creator of the HIVEX® Network, in partnership with Octopus Cards Limited, Hong Kong’s most recognized stored-value payment provider, successfully launched a strategic collaboration that is enabling scalable cross-border QR code payments for millions of Hong Kong travelers. Through this partnership, Octopus is now integrated with HIVEX, the leading next-generation international mobile payment network. Starting October 2, 2025, more than 5 million Octopus users can make seamless payments at millions of PayPay merchants in Japan, making travel more convenient and cashless than ever before.
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VIDEOS

MWC Las Vegas 2022

GSMA MWC Las Vegas Conference 2022

On September 28, at the GSMA MWC Las Vegas Conference, Ling Wu, Co-Chairman of the CBSG Consortium and CEO & Founder of TBCASoft spoke about the “Transformation of Payments.”  Consumers want fast, secure, and accessible mobile payment services to work anywhere they go. TBCASoft’s HIVEX® Network solves the complexity for mobile payment service providers allowing merchants and overseas travelers to do business.

Telcos & Mobile Finance, An Opportunity Too Big to Miss

GSMA Mobile 360 Thrive Latin America 2020

On December 1, Ling Wu, Co-Chairman of the CBSG Consortium and CEO & Founder of TBCASoft spoke as part of the GSMA Thrive Latin America conference. Mobile operators know they need to take part in mobile finance but can be deterred by high entry barriers. HIVEX can solve this and is now Service Ready for any mobile service provider, including OTT mobile payment service providers (MPSP) to successfully transform into a trusted mobile finance solutions provider.

Interview with Forkast News: How Telco Companies Could Become Banks

GSMA MWC Shanghai 2019

Initial solutions will be for transactions such as mobile wallet, remittance and top up. ‘So you have Hong Kong Telecom mobile service and I have T-Mobile. My account so far, is just used to pay phone bills. Imagine, without using an OTT service, I text you $5, so T-Mobile bills me $5 and you immediately receive a $5 credit.’ Carriers could potentially be like a bank.

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INSIGHTS

TBCASoft’s Blockchain Technology has Massive Potential to Create New Revenue for Mobile Payment Service Providers

Of all industries, the telecom industry is poised to seize the greatest share of the potential value of blockchain. In section one of this paper, Accenture Strategy will introduce a new proposition for the telecom industry: blockchain as the basis for telcos to become value aggregators and massively expand earnings and influence by collaborating to support an international network of value transfer. In section two, TBCASoft will build on this new idea of a telco blockchain consortium by introducing the “perfect fit” to the opportunity proposed by Accenture Strategy. Supported by Accenture Strategy’s industry and technology analysis, TBCASoft presents a compelling argument for telcos to join their Carrier Blockchain Study Group (CBSG).

TBCASoft Shares Expertise for Webinar: Reshaping the Telecommunications Ecosystem and Business Models

On May 4, 2020 IBM and TBCASoft published a joint white paper. COVID-19 is accelerating consumer preference for contactless payments and Mobile Service Providers are ideally positioned. Service Providers should launch contactless payment services enabled by TBCASoft’s Cross-Carrier Payment System and join the CBSG Consortium that greatly expands the user and merchant base for their payment service — it accelerates the network effect to a global scale.
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