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    An over-the-counter stablecoin exchange in Hong Kong A stablecoin is a type of cryptocurrency that aims to maintain a stable value relative to a specified asset, a pool or basket of assets The specified asset might refer to fiat currency, commodity, or other cryptocurrencies [1][2] Despite the name, stablecoins are not necessarily stable Stablecoins rely on stabilization tools such as
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    BVNK, and Conduit already provide much of this infrastructure We expect BaaS fintechs to increasingly offer stablecoin wallets as white-labeled multicurrency accounts, issue stablecoin-linked cards, and settle cross-border payments— especially in underserved markets ou ide the US and Europe where BaaS solutions are less available
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