- Aurora Mobile (NASDAQ: JG) partners with HashNut to drive stablecoin adoption for Web3 payments.
- The strategic collaboration aims to process several million US dollars annually in stablecoin settlements, including USDT and USDC.
- Hong Kong will serve as a strategic hub, leveraging its regulatory framework to facilitate digital finance initiatives.
Aurora Mobile Limited (NASDAQ: JG), a leading provider of customer engagement and marketing technology services in China, has announced a strategic partnership with HashNut, a prominent crypto payment solution provider, to promote the adoption of stablecoins for Web3 payments. This collaboration is set to enhance the global circulation and commercialization of digital assets.
The integration of HashNut's Web3 payment system into Aurora Mobile's products will target Southeast Asia and global markets, positioning the company to handle several million US dollars in stablecoin settlements, utilizing popular stablecoins like USDT and USDC. This move marks a significant step in expanding Aurora Mobile's digital payment capabilities beyond its core services.
Focusing strategically on stablecoin payment solutions, the partnership aims to develop infrastructure for cross-border advertising, digital content distribution, in-app economies, and SaaS subscriptions. These initiatives are designed to assist Chinese businesses in global expansion while offering overseas clients improved digital payment experiences.
Hong Kong is chosen as a strategic hub due to its progressive digital finance regulatory environment, allowing Aurora Mobile and HashNut to collaborate with licensed stablecoin projects and local financial clearing networks. This provides a compliant and efficient framework for developing a transparent and secure digital payment system, reinforcing Hong Kong's status as a leading financial center for digital assets.
The partnership anticipates opening new revenue streams through transaction fees and financial services, potentially enhancing Aurora Mobile's visibility and influence within the emerging Web3 payment infrastructure. Aurora Mobile's CEO, Mr. Weidong Luo, expressed confidence in the partnership's ability to deliver competitive digital payment solutions and drive the large-scale adoption of stablecoins globally.
