Airwallex Leads Metal Investment, Signaling Strategic Shift from Stablecoin Skepticism to Embrace

Airwallex, the global fintech company, has led a funding round for Metal, a tokenized financial settlement network. This investment marks a major strategic pivot: just a year ago, Airwallex publicly questioned the value of stablecoins, but now it is actively embracing tokenized financial infrastructure. The move reflects how traditional financial giants are redefining stablecoins—not as mere crypto assets, but as critical interfaces for improving cross-border payments, corporate finance, and on-chain settlement efficiency, highlighting the structural value of stablecoins in institutional applications.