Stablecoins could finally bring cross-border payments into the digital age, argues XTransfer CEO Bill Deng [Fortune]
KASIKORNBANK PCL UNSP/ADR (KPCPY)
NASDAQ:AMEX Investor Relations:
kasikornbank.com/en/ir/contact
Company Research
Source: Fortune
Recommended Video Much of cross-border trade now operates around the clock. Ports, airports, and fulfillment centers work at all hours of the day. But “when it comes to money, there's no 24/7 infrastructure,” Deng complained during an interview with Fortune on the sidelines of the Forum Ekonomi Malaysia in Kuala Lumpur in early February. Business-to-consumer and peer-to-peer financial transactions–even across borders–can now be done in minutes. Yet, in the business world, “they negotiate deals via pro forma invoices, and they still exchange information via email,” he says. Stablecoins–digital tokens tied to a fiat currency like the U.S. dollar—can make payments “more transparent, faster, and with a much lower cost,” Deng argued. “For domestic payments, stablecoins do not add that much value. But for cross-border transactions, they can be extremely valuable.” Several governments, including the U.S., Japan, and the Chinese city of Hong Kong, have set up regulatory frameworks fo
Show less
Read more
Impact Snapshot
Event Time:
KPCPY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KPCPY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KPCPY alerts
High impacting KASIKORNBANK PCL UNSP/ADR news events
Weekly update
A roundup of the hottest topics
KPCPY
News
- Gother Targets Top 3 Position in Thailand's Travel Market by 2027 [Yahoo! Finance Canada]Yahoo! Finance Canada
- ICONSIAM Drives Its Destination Marketing Strategy to Elevate Bangkok as a Global Chinese New Year Destination [Yahoo! Finance Canada]Yahoo! Finance Canada
- Why banks shouldn't wait for AI to fix the Gen problem [Yahoo! Finance]Yahoo! Finance