Lotus and WasabiCard Explored Enterprise‑Driven Stablecoin Payment Use‑Cases during TOKEN2049 Singapore
Key Highlights
- ➤Lotus Tech (LOT) explores stablecoin payments for vehicle purchases
- ➤Lotus Tech says adoption depends on security, regulation and practical implementation
- ➤WasabiCard says global businesses need compliant, familiar stablecoin workflows
Expert Statements
Daxue Wang, Chief Financial Officer of Lotus Tech
“We are seeing meaningful interest from prospective customers for expanded payment alternatives, including the potential use‑case of stablecoins for vehicle purchases”
Daxue Wang, Chief Financial Officer of Lotus Tech
“This remains an area of ongoing exploration guided by customer demand, security safeguards, regulatory considerations and practical implementation. Industry dialogue around stablecoin‑enabled payments is growing more practical, yet wider adoption will depend on how stakeholders effectively tackle security, regulatory clarity, user costs, sustainability and genuine business applications.”
Daxue Wang, Chief Financial Officer of Lotus Tech
“WasabiCard brought people from different industries and backgrounds into one focused discussion, and we welcome continued engagement as market participants resolve detailed operational questions in developing real‑world stablecoin applications.”
Ray Yang, Co-founder and CEO of WasabiCard
“The next phase of stablecoin adoption will be shaped by whether global businesses can use the technology within reliable, compliant and familiar payment workflows.”
Ray Yang, Co-founder and CEO of WasabiCard
“Lotus brought an important enterprise and customer perspective to the discussion. Customer demand, user experience and operational trust should guide how the industry builds practical payment products.”
* Lotus Tech CFO participated in TOKEN2049 side‑event, discussing the conditions needed for wider stablecoin adoption in real-world payments. * Both parties highlighted that broad stablecoin adoption hinges on compliance, security and resolution of real‑world operational challenges. NEW YORK, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (Nasdaq: LOT) (“Lotus Tech” or the “Company”), a leading global intelligent and luxury mobility provider, today announced that Dr. Daxue Wang, Chief Financial Officer, attended Stablecoin & Payments: Funds Flow, a TOKEN2049 Singapore side event hosted by WasabiCard on October 6, 2026.
Dr. Wang discussed customer-led innovation, payment security and the conditions needed for wider stablecoin adoption from the perspective of a global consumer brand, evaluating how emerging payment technologies could respond to changing customer expectations.
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