XREX Group Hosts Stablecoin Summit in Singapore Amid US Regulatory Turmoil

XREX Group, a blockchain financial institution, will host its fourth annual Stablecoin Summit in Singapore on October 8. The event, co-sponsored by Curve Finance and Bridge, comes after a recent vote in the U.S. Senate on the proposed CLARITY Act fell short of the threshold needed to advance the bill.

The global stablecoin market has grown to nearly $300 billion, with institutions expanding their use in cross-border settlements and payments infrastructure.

The full-day summit will focus on cross-chain interoperability, deposit tokens, central bank digital currencies, and local fiat-pegged stablecoins. Attendees will also examine applications across decentralized finance, supply chain finance, and artificial intelligence transactions.

XREX Group operates under a Major Payment Institution license from the Monetary Authority of Singapore and holds virtual asset service provider registration with Taiwan's Financial Supervisory Commission.