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MetaComp Launches StableX to Redefine Cross-Border FX Payments Powered by Stablecoins

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Now integrated with CAMP, MetaComp’s institutional platform, StableX delivers next-generation FX infrastructure purpose-built for the Web2.5 payment landscape -operating 24/7 across major and exotic currencies to support global payment flows

SINGAPORE, May 14, 2025 /PRNewswire/ — MetaComp, a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) to provide Digital Payment Token (DPT) services and Cross-border Money Transfer services, today announced the launch of StableX, the next-generation infrastructure platform purpose-built for cross-border FX payments powered by stablecoins. Developed for cross-border merchants, institutions, payment service providers, fintechs, and global businesses, StableX enables always-on access to foreign exchange with the speed, cost-efficiency, and reliability required in today’s digital-first economy.

With over US$7 trillion traded daily in foreign exchange markets, global FX movement still flows through a complex, fragmented network of legacy systems. StableX offers a forward-looking alternative — enabling institutions to move money across borders more efficiently through stablecoin-powered FX rails that offer real-time execution, reduced friction, and continuous access to liquidity.

At the core of StableX is an intelligent routing engine that dynamically determines the most efficient way to process each transaction — either via stablecoins or US dollars (USD) — depending on which rail offers the best outcome in terms of cost, speed, and settlement certainty. StableX currently supports USDT and USDC, with additional support for other leading stablecoins — including FDUSD, PYUSD, and WUSD — to be implemented very soon as part of an expanded asset offering.

For example, when a client initiates a transfer in Singapore Dollars (SGD), StableX intelligently selects whether to route the funds through one of the supported stablecoins or USD before converting it into United Arab Emirates Dirhams (AED). This ensures faster settlement, more competitive execution, and reduced complexity. Every transaction is optimised for price, speed, and stability — delivering on StableX’s promise of being fast, intelligent, and stable.

“StableX was purpose-built for cross-border B2B payments,” said Ms Tin Pei Ling, Co-President of MetaComp.

“It delivers what businesses need most — 24/7 access, real-time execution, and infrastructure they can trust. With StableX, we’re making it faster, more intelligent, and more stable to move money globally — and we’re doing it with the power of stablecoins.”

“Legacy infrastructure has carried the industry far, but today’s businesses need more agility”, added Mr Eddie Hui, Co-President and Chief Operating Officer of MetaComp.

“StableX bridges that gap by leveraging stablecoins to deliver FX and settlement infrastructure that works in harmony with existing systems — enabling institutions and platforms to scale global flows with confidence.”

StableX is built on MetaComp’s Web 2.5 Core Banking System with a Unified API Gateway, and is fully integrated into Client Asset Management Platform (CAMP) — MetaComp’s institutional platform offering custody, payment services, and OTC transactions. Within CAMP, StableX works seamlessly with the OTC module to enable compliant, high-volume FX transactions across borders with efficient settlement and competitive pricing. It also supports MetaComp’s broader suite of payment solutions — including collection-on-behalf (COBO) and payment-on-behalf (POBO) services — with additional capabilities and innovations set to be rolled out progressively across future phases.

In addition, CAMP also offers clients the opportunity to obtain yield on treasury balances and available liquidity through regulated wealth solutions offered and/or operated by Alpha Ladder Finance, MetaComp’s parent company, which is licensed by the MAS under the Capital Market Services (CMS) and Recognised Market Operator (RMO) regimes.

At launch, StableX will support a core set of popular currency pairs, with plans to scale access to the 31 major and exotic currencies already supported by MetaComp — including AED, EUR, GBP, HKD, SGD, USD, and more. This phased rollout ensures liquidity, operational reliability, and regulatory compliance as users grow their global payment operations.

Built for global business needs, StableX combines deep liquidity aggregation, smart FX routing, stablecoin-fiat conversion, and multi-currency support to power fast, transparent, and cost-efficient cross-border B2B payments, remittance corridors, and platform-based treasury flows — all within a 24/7 environment backed by a MAS-licensed financial institution.

StableX is now live and available via MetaComp’s institutional platform. To request access or learn more, visit www.mce.sg.

-END-

About MetaComp

MetaComp is a leading Singapore-based digital asset platform, licensed and regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019. Operating on a P2B2C (platform-to-business, partners-to-clients) model, MetaComp enables institutions, payment service providers, fintechs, and global enterprises to confidently navigate cross-border payments and the digital asset economy. With a strong focus on compliance, security, and institutional-grade infrastructure, MetaComp offers an end-to-end suite of digital finance capabilities — including OTC and exchange trading, fiat payment rails, regulated digital asset custody, and prime brokerage.

MetaComp is a subsidiary of Alpha Ladder Finance Pte. Ltd., a MAS-licensed Capital Markets Services (CMS) licensee and Recognised Market Operator (RMO). Through its integrated Client Asset Management Platform (CAMP), MetaComp provides a secure, trusted environment that bridges traditional financial services with digital assets.

MetaComp’s latest innovation, StableX, is a proprietary cross-border FX and liquidity routing platform designed to simplify and accelerate global fund flows. Powered by stablecoins and USD, it intelligently optimises multi-currency conversions and settlements — delivering faster, more cost-effective, and highly competitive cross-border transactions. Built for speed, competitiveness, and stability, StableX unites the flexibility of digital assets with the dependability of institutional-grade infrastructure. As CAMP’s integrated FX infrastructure layer, StableX reinforces a seamless, compliant ecosystem engineered for the future of global finance.

 

 

 

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SOURCE MetaComp Pte Ltd

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Reliance Digital Brings Samsung’s Latest Galaxy Z Fold8 Series and Galaxy Z Flip8 to Stores Across India

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Be among the first to own the new Samsung Galaxy Z Fold8 series and Galaxy Z Flip8. Customers can now pre-order the latest Galaxy foldables at Reliance Digital, with EMIs starting at ₹6000/month.

MUMBAI, India, July 25, 2026 /PRNewswire/ — Reliance Digital, India’s leading consumer electronics retailer, today announced the availability of Samsung’s latest generation of foldable smartphones – the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8. Designed to deliver the next evolution of Galaxy AI, powerful performance and iconic foldable innovation, Samsung’s newest line-up is now available across Reliance Digital stores and online.

Built around Samsung’s vision of making AI more intuitive and personal, the new Galaxy foldables combine immersive displays, premium craftsmanship and intelligent experiences that seamlessly adapt to the way users work, create and stay connected.

Leading the line-up is the Galaxy Z Fold8 Ultra, Samsung’s most premium foldable yet. Featuring an expansive 8-inch Dynamic AMOLED 2X main display, a flagship 200MP camera, the latest Snapdragon® 8 Elite Gen 5 for Galaxy processor and a 5,000mAh battery, the device is engineered for users who demand the ultimate in productivity, creativity and entertainment. It is available in Graphite, Cream and Violet Shadow,.

The Galaxy Z Fold8 brings Samsung’s signature foldable experience in a more compact form factor, featuring a 7.6-inch Dynamic AMOLED 2X main display, a redesigned wider cover screen, Galaxy AI-powered multitasking and flagship-grade performance. Customers can choose from Lavender, Graphite and Cream colour options.

Completing the line-up is the Galaxy Z Flip8, Samsung’s most stylish foldable smartphone, designed for users who want flagship performance in a compact, pocket-friendly form. Equipped with a vibrant 6.9-inch Dynamic AMOLED 2X display, an enhanced FlexWindow, a 50MP camera system and Galaxy AI experiences, the Flip8 effortlessly blends fashion with functionality.

Customers can visit their nearest Reliance Digital store to experience the new foldables first-hand with guidance from Reliance Digital’s Tech Dosts, compare models, explore exclusive launch offers and Pre-order the Galaxy device that best fits their lifestyle. The complete Galaxy Z Fold8 series and Galaxy Z Flip8 are also available through Reliance Digital’s online platform, ensuring customers can be among the first to own Samsung’s latest foldable innovations.

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/reliance-digital-brings-samsungs-latest-galaxy-z-fold8-series-and-galaxy-z-flip8-to-stores-across-india-302834321.html

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Weichai’s Five Tech Routes Global Debut: Diverse Paths to a Green, Smart Future

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HANOI, Vietnam, July 25, 2026 /PRNewswire/ — At VEC in Vietnam on July 21, the Shandong Heavy Industry global partners conference & green intelligent products expo opened. Responding to the green transition of global commercial vehicles and heavy equipment, Weichai – with decades of expertise – unveiled five core tech routes: BEV, HEV, PEMFC, alternative-fuel ICE, and ADAS. Through full-chain proprietary control and breakthroughs, it provides efficient, low-carbon, intelligent power solutions to the global market.

Battery electric vehicle powertrain: full-chain deployment and high-efficiency recharging: Weichai masters core battery, motor, and e‑control technologies. Its CT100 battery – for heavy tractors and dump trucks – features integrated design and triple insulation, delivering better reliability, efficiency, safety, and speed. The WMS3200 drive system, tailored for heavy‑truck haulage, boosts efficiency and cuts vehicle power consumption. The WMC‑L/H/B integrated controllers offer stable, efficient control for light trucks, heavy trucks, and buses.

Hybrid electric vehicle powertrain: deep integration and ultra-long range: Weichai covers series, parallel, and series-parallel architectures, deeply integrating engine and e-drive. For urban logistics, the WP2.5T range extender offers quick response and low noise; for long-haul transport, the WP3NNG natural-gas range extender uses a “pure electric for short hauls, range-extended for long hauls” mode, with over 1,000 km combined range, easing range anxiety.

Proton exchange membrane fuel cell: zero-carbon leadership: Weichai has built a full-chain hydrogen energy system covering components, stacks, and systems. The WEF300 fuel cell engine has been deployed in volume in 49-ton heavy-duty trucks, suitable for long-haul and port logistics. The WEFG500 power generation system provides megawatt-class scalable power to support data centers and industrial plants.

Alternative fuel internal combustion engine: diverse clean-energy options and exceptional cost-effectiveness: Modular design enables flexible switching between H₂ and methanol. WP15DI hydrogen ICE peaks at 46.8% thermal efficiency; WP17T methanol ICE targets heavy‑equipment energy use, cuts operating costs, and is mass‑deployed in 130‑ton mining trucks.

Intelligent driving assistance system: vehicle-road-cloud collaboration: Weichai built a vehicle‑road‑cloud full‑stack architecture, with mining autonomous solution for cm‑level docking & obstacle avoidance, and trunk‑line ADAS with intelligent cruise & auto lane‑change, boosting high‑speed safety and economy.

Going forward, Weichai will keep iterating these five tech routes with global partners to advance sustainable manufacturing.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/weichais-five-tech-routes-global-debut-diverse-paths-to-a-green-smart-future-302834548.html

SOURCE Weichai Group

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Portland General Electric declares dividend

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PORTLAND, Ore., July 24, 2026 /PRNewswire/ — The board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share.

The company’s dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before October 15, 2026, to shareholders of record at the close of business on September 25, 2026.

About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to nearly 960,000 customers serving an area of approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, delivering safe, affordable and reliable electricity while working to transform energy systems to meet evolving customer needs. PGE continues to make progress towards emissions reduction targets, and customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is ranked a top ten utility in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofits organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, more than $5 million was directed to charitable organizations supporting economic growth and community resilience across our service area. For information: portlandgeneral.com/news.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

Forward-looking statements include statements, other than statements of historical or current fact, regarding the Company’s amount and timing of dividends payable as well as other statements containing words such as “committed to,” “targets,” or similar expressions.

There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; the timing or amount of dividends paid; the timing or outcome of various legal and regulatory actions; changes in the Company’s business strategy; increases in capital expenditures; changes in capital and credit market conditions, including volatility of equity markets as well as changes in PGE’s credit ratings and outlook on such credit ratings restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the United States Securities and Exchange Commission (SEC), including our annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov and on the Company’s website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067

Investor Contact:
Erin Schwartz
Investor Relations
Phone: 503-464-7751

View original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302834503.html

SOURCE Portland General Company

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