OwlTing integrates with Circle Payments Network to enhance cross-border stablecoin transactions, reducing costs and improving access.
Quiver AI Summary
OBOK Holdings Inc. (OwlTing) has successfully integrated with the Circle Payments Network (CPN), allowing for near-instant stablecoin transactions and enhancing its payment infrastructure for cross-border payments, particularly targeting high-growth regions like Latin America, Africa, and Europe. This integration will enable users to send regulated stablecoins such as USDC, addressing traditional issues like high fees and delays in the $194 trillion cross-border payments market. OwlTing’s digital wallet, OwlPay Wallet Pro, will facilitate stablecoin payments through intelligent routing based on optimal rates and providers, with initial focus on markets like Brazil and Nigeria. The company has a significant regulatory presence, holding licenses across 39 U.S. states and other international jurisdictions, and aims to lead in developing stablecoin infrastructure globally.
Potential Positives
- OwlTing's integration with Circle Payments Network enhances its payment infrastructure, allowing for lower costs and improved access to cross-border payments in high-growth regions.
- The collaboration positions OwlTing as a key player in the stablecoin market, facilitating near-instant, regulated stablecoin transactions in a significant $194 trillion industry.
- OwlTing's extensive global regulatory footprint, including licenses in 39 U.S. states and a VASP license in Europe, reinforces its reputation for secure and compliant stablecoin payments.
- The focus on high-demand markets like Brazil and Nigeria highlights OwlTing's strategic approach to capturing growing remittance needs and opportunities in emerging economies.
Potential Negatives
- None
FAQ
What is the Circle Payments Network integration for OwlTing?
OwlTing has integrated with Circle Payments Network to facilitate near-instant stablecoin transactions, enhancing its payment infrastructure.
How does this integration benefit cross-border payments?
The integration allows lower costs and faster transactions for cross-border payments, particularly in high-growth regions like Latin America and Africa.
What are the targeted markets for OwlTing's new services?
OwlTing's initial rollout focuses on Brazil, Nigeria, and the European Union, addressing significant cross-border payment needs in these areas.
What regulatory licenses does OwlTing hold?
OwlTing holds Money Transmitter Licenses in 39 U.S. states and additional licenses in Europe and Japan, ensuring compliant operations.
What is OwlTing's mission in the stablecoin economy?
OwlTing aims to build trusted infrastructure for global finance, enhancing data management and facilitating efficient financial transactions through blockchain technology.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
ARLINGTON, Va., Dec. 04, 2025 (GLOBE NEWSWIRE) -- OBOOK Holdings Inc. (NASDAQ: OWLS) ("OwlTing" or the "Company"), a blockchain technology company operating as the OwlTing Group, today announced the completion of its integration with Circle Payments Network (CPN), Circle’s global network that enables near-instant, compliant stablecoin transactions. As one of Asia's financial institutions in CPN, OwlTing expands its payment infrastructure to deliver lower costs and broader access for cross-border payments into high-growth regions, including Latin America, Africa, and Europe.
This collaboration strengthens OwlTing's position in stablecoin infrastructure, allowing users to send regulated 1 stablecoins like USDC for near-instant settlements in the $194 trillion cross-border payments market 2 . By addressing traditional challenges like high fees and delays, CPN provides a new alternative for efficient global money movement.
“Joining Circle Payments Network advances our mission to build trusted infrastructure for global finance,” said Darren Wang, Founder and CEO at OwlTing Group. “As CPN grows, participants like OwlTing will benefit from its expanding corridors and institutional reach, supporting our long-term strategy to capture the growing stablecoin economy.”
“We’re excited to welcome OwlTing to Circle Payments Network to deliver payments to high-growth markets,” said Irfan Ganchi, SVP, Product Management, Payments at Circle. “This integration furthers our goal of connecting financial institutions through a unified, open protocol that redefines how money moves globally.”
As an Originating Financial Institution (OFI) in CPN, OwlTing enables its digital wallet, OwlPay Wallet Pro, users to initiate stablecoin payments with intelligent routing based on the best rates, fees, and providers.
The initial rollout of the service focuses on regions with high cross-border payment needs, such as Brazil, Nigeria, and the European Union (EU). These markets highlight massive opportunities, such as the EU's projected $213 billion in annual remittance inflows 3 supporting trade, migration, and investments, and Nigeria’s anticipated remittance inflows of $26 billion 4 amid Africa's growing market share and economic demands. This underscores the demand for faster, affordable solutions in remittances, payroll, and trade finance serving billions of people worldwide.
OwlTing stands out with its extensive global regulatory footprint, ensuring secure and trusted stablecoin payments. The Company holds Money Transmitter Licenses in 39 U.S. states 5 , a Virtual Assets Service Provider (VASP) license in Europe, and an Electronic Payment Intermediary Service Provider (Bank API license) in Japan, while pursuing additional licensing opportunities in Hong Kong, Singapore, and Latin America. This commitment, following OwlTing's successful Nasdaq direct listing, reinforces its leadership in building a regulated stablecoin infrastructure for businesses worldwide.
About OBOOK Holdings Inc. (OwlTing Group)
OBOOK Holdings Inc. (NASDAQ: OWLS) is a blockchain technology company operating as the OwlTing Group. The Company was founded and is headquartered in Taiwan, with subsidiaries in the United States, Japan, Poland, Singapore, Hong Kong, Thailand, and Malaysia. The Company operates a diversified ecosystem across payments, hospitality, and e-commerce. In 2025, according to CB Insights’ Stablecoin Market Map, OwlTing was ranked among the top 2 global players in the “Enterprise & B2B” category. The Company’s mission is to use blockchain technology to provide businesses with more reliable and transparent data management, to reinvent global flow of funds for businesses and consumers and to lead the digital transformation of business operations. To this end, the Company introduced OwlPay, a Web2 and Web3 hybrid payment solution, to empower global businesses to operate confidently in the expanding stablecoin economy. For more information, visit
https://www.owlting.com/portal/?lang=en
.
About Circle Payment Network
Circle Technology Services, LLC (CTS) is the operator of Circle Payments Network (CPN) and offers products and services to financial institutions that participate in CPN to facilitate their CPN access and integration. CPN connects participating financial institutions around the world, with CTS serving as the technology service provider to participating financial institutions. While CTS does not hold funds or manage accounts on behalf of customers, we enable the global ecosystem of participating financial institutions to connect directly with each other, communicate securely, and settle directly with each other. CTS is not a party to transactions between participating financial institutions facilitated by CPN who use CPN to execute transactions at their own risk. Use of CPN is subject to the CPN Rules and the CPN Participation Agreement between CTS and a participating financial institution.
Safe Harbor Statement
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “aim,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “likely,” “potential,” “project,” or “continue,” or the negative of these terms or other comparable terminology. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that such expectations will prove correct. The Company cautions investors that actual results may differ materially from those anticipated and encourages investors to review other factors that may affect its future results in the Company’s registration statement filed with and declared effective by the SEC and other filings with the SEC, available at
www.sec.gov
.
OBOOK Holdings Inc. Media Relations
Michael Hsu, Public Relations Director
[email protected]
__________________________________
1
USDC is issued by regulated affiliates of Circle. A list of Circle’s regulatory authorizations can be found at circle.com/en/legal/licenses
2
According to FXC Intelligence, the cross-border payments market is worth over $194tn and is forecast to reach $320tn by 2032. Please see:
https://www.fxcintel.com/research/press-releases/new-data-cross-border-payments-market-now-worth-over-194tn-and-is-forecast-to-reach-320tn-by-2032#:~:text=January%2016th%2C%202025-,NEW%20DATA:%20cross%2Dborder%20payments%20market%20now%20worth%20over%20$194,(CAGR)%20of%206.2%25
3
According to Statista, total transaction value in the European Inward Remittances market is projected to reach US$212.67bn in 2025. Please see:
https://www.statista.com/outlook/fmo/payments/remittances/inward-remittances/europe?currency=USD&srsltid=AfmBOorfM_UX_DK8_Q_WPId8UojHIyF5yW6y3Dsjj3k0E2RZ0jLD7JhZ
4
According to Agusto & Co, remittance flows coming from Nigeria’s diaspora community is projected to reach $26 billion by 2025. Please see:
https://nairacompare.ng/blogs/diaspora-remittance-trends-sending-money-to-nigeria
5
Availability may vary by jurisdiction and is subject to change. As of November 2025, OwlTing Group has obtained MTL licenses or their equivalent in 39 U.S. states and is applying for licenses in additional states. The Company has now expanded its regulatory footprint in 40 U.S. States. For a list of U.S. licenses obtained, please see
https://www.owlting.com/owlpay/licenses?lang=en
.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/49656acf-fecd-4270-9678-af803eaef777