Payment platform Payment Asia, OSL Group and Hong Kong-licensed stablecoin issuer RD InnoTech have completed a full business-to-business settlement process using the regulated Hong Kong dollar stablecoin HKDAP in logistics and hotel use cases. The workflow covered fiat on-ramp, token minting, inter-company payment, same-day reconciliation, redemption and token burning. OSL said it provided institutional digital asset infrastructure for distribution and settlement.
According to the announcement, each tokenized settlement was tied to a verified commercial transaction. That structure is designed to let companies keep their existing operating and treasury processes while improving payment transparency, traceability and reconciliation efficiency. Kevin Cui, executive director and chief executive officer of OSL Group, said the company is focused on linking compliant digital asset infrastructure with enterprise payment scenarios that have real demand. He added that the group will keep building next-generation payment infrastructure for businesses.
Payment Asia, a one-stop electronic payment platform, has completed a full B2B settlement workflow using the regulated Hong Kong dollar stablecoin HKDAP together with OSL Group (HKEX:863) and Hong Kong-licensed stablecoin issuer RD InnoTech.
The process was carried out in logistics and hotel business scenarios. It covered the full cycle from fiat deposit and token minting to inter-company payment, same-day reconciliation, redemption and token burning. OSL provided distribution and settlement services through its institutional-grade digital asset infrastructure.
According to the announcement, each tokenized settlement was linked to a verified commercial transaction. The companies said that setup allows enterprises to keep their existing operating and fund management processes while improving payment transparency, traceability and reconciliation efficiency.
Kevin Cui, executive director and chief executive officer of OSL Group, said OSL is committed to combining compliant digital asset infrastructure with enterprise payment scenarios that reflect real business demand. He said the group will continue building next-generation payment infrastructure for enterprises.
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