RD Technologies recently announced an upgrade to its enterprise cross-border payments and digital finance ecosystem. Focusing on trade between Africa and Asia, the company is advancing banking partnerships, payment channel connectivity and digital asset settlement infrastructure to address businesses’ cross-border payment, foreign exchange and treasury management needs.
Rita Liu, Chief Executive Officer of RD Technologies, said: “The value of digital financial infrastructure lies in serving the real economy. Hong Kong’s trade and financial networks connecting Asia with the world provide an important foundation for this development. Guided by businesses’ practical needs, we will work with banks, payment providers and digital asset infrastructure partners to connect local financial services with cross-border settlement capabilities, exploring more efficient and transparent ways to move funds in support of trade and businesses’ international operations.”
Deepening Banking Cooperation to Explore Ghana–Asia Trade Settlement
RD Technologies and Stanbic Bank Ghana will work together to explore a bank-led cross-border trade settlement solution supported by stablecoin technology. The initial focus will be legitimate business-to-business payments from Ghanaian businesses to suppliers in Asia. Technical validation and any controlled pilot will proceed subject to the requisite regulatory no-objection.
Darwin Mireku, Head, Strategy Enablement, Stanbic Bank Ghana, said: “Reliable and efficient payments are essential for Ghanaian businesses engaged in international trade. Through this collaboration, we aim to assess how new technology can help customers settle legitimate trade payments with suppliers in Asia more smoothly. Customer needs, compliance and risk management will guide the design and testing of the proposed solution as we engage with the relevant regulators and work towards a controlled pilot.”
Expanding Payment Channels to Support Cross-Border Business Payments
RD Technologies is working with Transika, a Ghana-based digital asset infrastructure provider, to explore a cross-border settlement model for business trade payments between Ghana and Asia. The proposed model combines Transika’s local payment capabilities with RD Technologies’ cross-border settlement infrastructure to explore ways to improve the efficiency of trade payment flows. The cooperation also includes jointly assessing the suitability of stablecoins for the proposed model. Any pilot or live transactions remain subject to the required regulatory approvals, applicable conditions and operating arrangements agreed between the parties.
Samuel Orji Nwokocha, Chief Executive Officer of Transika, said: “Businesses trading between Ghana and Asia need reliable payment connections that bridge local and international markets. By combining Transika’s local payment capabilities with RD Technologies’ cross-border settlement infrastructure, we look forward to exploring more efficient ways to support these trade flows. Our cooperation will also assess how stablecoins could fit into this model, guided by businesses’ practical needs and the applicable regulatory requirements.”
Supporting Digital Dollar Instruments and Exploring Institutional Finance Applications
As part of its digital dollar initiatives, RD Technologies will support brand development and the expansion of the application ecosystem for RDUSD, a US dollar stablecoin, adding a digital dollar settlement option to the RD Technologies ecosystem. Under the cooperation and product plans, RDUSD will be issued by Anchorage Digital Bank.N.A., America’s first federally regulated digital asset bank. RDUSD is designed to comply with the regulatory framework under the US GENIUS Act, pegged 1:1 to the US dollar and subject to third-party audits.
Nathan McCauley, CEO and Co-Founder, Anchorage Digital, said: “Stablecoins are the new settlement layer for global business, and the companies building on them want an issuer that is held to a bank’s standard. RD Technologies chose a federally chartered bank to issue RDUSD because dollars held at a US regulated institution are what cross-border payments and treasury teams trust. This is what Stablecoin Issuance is for: RD focuses on its customers and markets, and we take care of issuance, reserves and custody.”
As an integral part of RD Technologies’ cooperation with HashKey On-Chain in institutional finance, RDUSD will be deployed on HSK Chain. Building on this foundation, the two companies will work closely to explore the long-term value of stablecoins in cross-border payments, global treasury management and real-world asset tokenization, advancing their broader use across the real economy and institutional finance, deepening the integration of traditional finance with the on-chain economy, and jointly building the next generation of financial infrastructure.
Rachel Qiu, Head of Business Development at HashKey Group and COO of HashKey On-Chain Business Group, said: “The upcoming deployment of RDUSD on HSK Chain marks the first step in our collaboration. Moving forward, leveraging HashKey On-Chain’s extensive experience in on-chain business, we will partner with RD Technologies to drive the gradual integration of compliant stablecoins into real-world commercial and financial activities, providing institutional users with more comprehensive digital asset services. In areas such as cross-border trade and corporate payments, HashKey On-Chain is well-equipped to provide the requisite technology and application platforms to support efficient, compliant on-chain clearing and settlement, ultimately fostering the growth of the on-chain ecosystem.”
Rooted in Hong Kong, an international trade hub connecting Asia with the rest of the world, RD Technologies will continue building infrastructure that connects traditional finance and digital assets across markets, currencies and client needs. Through banking partnerships, payment channel expansion and the exploration of digital financial tools, the Group will support businesses’ cross-border payments, trade settlement and treasury management.
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