Remi Tech Launches Innovative Compliant Stablecoin Clearing System for Global Finance
1. Instant Interbank Transactions: It allows for direct and cost-effective interbank transfers while ensuring built-in compliance with existing regulations.
2. Real-Time Liquidity: Through seamless integration with traditional banking systems, users can access liquidity instantly.
3. Live Regulatory Oversight: The system provides transparent and controllable workflows, ensuring that all transactions remain compliant with legal frameworks.
4. Robust AML/CFT Controls: To protect institutions and end-users, the system includes stringent controls against illegal activities.
Remi Tech's approach combines financial technology and regulatory technology into one coherent framework, eliminating the challenging trade-off between compliance and speed. This integrated approach improves efficiency for institutional transactions while maintaining rigorous compliance standards. The system also enables real-time insights to monetary policymakers through its regulatory dashboards, providing real-time access to vital data and advanced monitoring.
One of the notable modules within the Remi system is designed specifically for aiding central banks in monitoring essential stablecoin metrics. Key parameters like interest rates, M0 and M2 money supply, and exchange rates can be tracked on both onshore and offshore markets. This feature aids central banks in assessing the impacts on monetary policy transmission and helps avoid abrupt fluctuations in exchange rates and interest rates.
Beyond its primary functions, the Remi platform offers:
As emphasized by YongCheng Zhang, CTO of Remi Tech, "Traditional finance prioritizes safety and compliance, while Web3 emphasizes efficiency. Remi uniquely resolves this dynamic through a seamless and cohesive solution." With the launch of this system, banks and digital asset issuers can leverage the advantages of stablecoins without compromising on regulatory adherence. This sets the stage for a new era in global financial connectivity and innovation.
Founded and headquartered in Singapore, Remi Technology specializes in providing infrastructure for the clearing and settlement of stablecoins to banks and financial institutions worldwide. For further information, visit www.remitech.ai or connect with us on LinkedIn.
2. Real-Time Liquidity: Through seamless integration with traditional banking systems, users can access liquidity instantly.
3. Live Regulatory Oversight: The system provides transparent and controllable workflows, ensuring that all transactions remain compliant with legal frameworks.
4. Robust AML/CFT Controls: To protect institutions and end-users, the system includes stringent controls against illegal activities.
Regulatory Technology Innovation
Remi Tech's approach combines financial technology and regulatory technology into one coherent framework, eliminating the challenging trade-off between compliance and speed. This integrated approach improves efficiency for institutional transactions while maintaining rigorous compliance standards. The system also enables real-time insights to monetary policymakers through its regulatory dashboards, providing real-time access to vital data and advanced monitoring.
Support for Central Banks
One of the notable modules within the Remi system is designed specifically for aiding central banks in monitoring essential stablecoin metrics. Key parameters like interest rates, M0 and M2 money supply, and exchange rates can be tracked on both onshore and offshore markets. This feature aids central banks in assessing the impacts on monetary policy transmission and helps avoid abrupt fluctuations in exchange rates and interest rates.
Additional Features
Beyond its primary functions, the Remi platform offers:
- - Automated Regulatory Reporting: Streamlining compliance procedures for financial institutions.
- - AI-Powered Transaction Monitoring: Enhancing the oversight of transactions for greater security.
- - Tracking of Jurisdictional Compliance: Ensuring that all operations are within the bounds of local regulations.
Conclusion: A New Era of Financial Connectivity
As emphasized by YongCheng Zhang, CTO of Remi Tech, "Traditional finance prioritizes safety and compliance, while Web3 emphasizes efficiency. Remi uniquely resolves this dynamic through a seamless and cohesive solution." With the launch of this system, banks and digital asset issuers can leverage the advantages of stablecoins without compromising on regulatory adherence. This sets the stage for a new era in global financial connectivity and innovation.
About Remi Technology
Founded and headquartered in Singapore, Remi Technology specializes in providing infrastructure for the clearing and settlement of stablecoins to banks and financial institutions worldwide. For further information, visit www.remitech.ai or connect with us on LinkedIn.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.