RD Technologies announced today that it has reached an intent of cooperation with LianLian Global, to streamline and enhance cross-border transactions through the use of stablecoins. The partnership will leverage LianLian Global’s vast network and RD’s stablecoin to deliver a settlement network that is expected to enhance transaction speed and reduce costs.
Based in Hong Kong and facing the world, RD Technologies’ mission is to facilitate cross-border trade and financial transactions through the provision of efficient, safe, and innovative payment solutions for businesses. RD Technologies aims to contribute to the development of Hong Kong as a trade and financial hub in Asia through the use of Web2 and Web3 technologies.
LianLian Global is one of the leading cross-border payments company that helps eCommerce companies operate more effectively across the globe. With the utilization of HKDR, businesses within LianLian Global’s ecosystem will gain enhanced efficiencies in both cost and speed by using blockchain technology to settle cross-border transactions.
Rita Liu, Chief Executive Officer of RD Technologies, highlighted, “Today’s collaboration with LianLian Global marks RD Technologies’ ongoing commitment to expanding the future adoption of HKDR in cross-border payments. We look forward to the positive impact this collaboration will have on the broader market and the advancement of the Web3 ecosystem.”
