01 · Convergence
Programmable settlement at institutional scale
OpenFX on the FX rail. OSL BizPay on the institutional settlement side — $200M raised, T+0 settlement with funds in as little as 3 hours, Canadian MSB regulated, serving enterprises globally.
02 · Convergence
USDG — 4.1% yield that the bank never offered
Paxos USDG: $2.75B circulating supply, 130+ GDN partners including Mastercard, DBS Bank, Robinhood, Kraken. Turns idle corporate cash into a yield-bearing treasury position. Reserves backed by short-term US Treasuries and managed by DBS.
03 · Convergence
Licences already in — not a roadmap, a partnership
DIFC Dubai and GIFT City India licensed partners on the compliance side. India Ministry of MSMEs partnership for export promotion at lower FX rates.
04 · Convergence
GENIUS Act — the institutional stablecoin moment
The US GENIUS Act (signed July 2025) created the first federal framework for payment stablecoins. MiCA (EU), MAS (Singapore), and CBUAE PTSR (UAE) all live in 2025.