CLPS Incorporation Unveils Web3-Ready Issuance Platform, Making a Strategic Leap into the Stablecoin Economy
Rhea-AI Summary
CLPS (Nasdaq: CLPS) announced on October 24, 2025 that its Hong Kong subsidiary Qinson Credit Card Services integrated stablecoin payment and settlement into its CAKU credit card system. The upgrade enables corporate and individual users to repay cards, settle POS transactions, and manage credit limits using fiat‑pegged stablecoins including USDC and USDT.
Key features include intelligent 1:1 minting tied to fiat reserves, fiat↔stablecoin exchange gateways, smart‑contract burning and redemption, automated reserve adjustment, on‑app stablecoin payment selection, faster blockchain clearing with lower fees, and embedded KYC/AML compliance. Initial rollout targets Hong Kong SAR with eventual expansion to international markets.
Positive
- CAKU now supports payments with USDC and USDT
- Initial commercial rollout targeted to Hong Kong SAR
- Near‑instantaneous clearing and reduced processing fees via blockchain
- Built‑in KYC/AML and automated reserve adjustment
Negative
- None.
News Market Reaction
On the day this news was published, CLPS gained 3.78%, reflecting a moderate positive market reaction. Argus tracked a peak move of +22.5% during that session. Argus tracked a trough of -12.7% from its starting point during tracking. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $1M to the company's valuation, bringing the market cap to $29M at that time. Trading volume was exceptionally heavy at 34.8x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
This strategic move is a significant step for CLPS in bridging established payment networks with the digital currency ecosystem. It aims to provide issuing banks, merchants, and consumers with enhanced payment flexibility, faster transaction speed, and lower costs. The new functionality is expected to be rolled out first to potential clients in
The upgrade leverages CAKU's advanced scenario-driven NextGen platform to enable corporate and individual users to pay credit card bills, settle point of sale transactions, and manage credit limit with stablecoins, including
Key features and benefits include:
- Intelligent Stablecoin Minting: Triggers smart contracts to automatically mint stablecoins, at a precise 1:1 ratio based on actual fiat currency reserves, rigorously ensuring stablecoin value remains pegged to fiat currency.
- Efficient Fiat-to-Stablecoin Exchange: Supports streamlined fiat-to-stablecoin conversion gateways, simplifying operational processes, enabling quick deposits, and accelerating capital flow efficiency.
- Stablecoin Burning and Redemption Support: Creates user-friendly redemption gateways to simplify the conversion from stablecoins back to fiat currency. Implements a smart contract-triggered burning mechanism to automatically reduce the circulating supply post-redemption, precisely regulating market supply and demand balance, and effectively stabilizing coin's value.
- Accurate Reserve Adjustment: Swiftly and accurately adjusts reserve records following intelligent burning. All changes undergo strict review and verification to maintain the authenticity and accuracy of reserve assets.
- Seamless Payment Experience: Cardholders can select stablecoin directly within their bank's app or online banking portal to repay credit card bills or settle transactions in real-time, ensuring a smooth and secure process.
- Enhanced Settlement Speed and Reduced Costs: By leveraging blockchain, stablecoin transactions facilitate near-instantaneous clearing and settlement. This significantly accelerates processing times for cross-border or large-value transactions and reduces associated fees.
- Expanded Financial Inclusion: This integration provides a vital bridge for active digital currency users to access the traditional financial system, particularly benefiting cross-border commerce and digital economic activities.
- Compliance and Security First: The functionality is designed to strictly adhere to global regulatory standards, incorporating robust Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols to ensure all transactions are secure and compliant.
The major business scenarios include:
- Issuing Bank Services: Banks can launch "stablecoin credit card" products to attract digital-native customers.
- E-commerce and Cross-Border Merchants: Merchants specializing in global e-commerce, SaaS subscriptions, and high-value digital goods can benefit from significantly lower payment processing fees compared to traditional payment networks.
- Corporate and High-Net-Worth Clients: The system provides advanced digital fund management tools, allowing businesses or individuals to automatically settle large corporate card and consumer card expenditures using held stablecoins. This effectively bridges digital asset portfolios with traditional spending channels.
Mr. Raymond Lin, Chief Executive Officer of CLPS, stated, "We are at a historic convergence of conventional finance and digital assets. Integrating stablecoin functionality into our CAKU system represents significant technological innovation and a forward-looking initiative for the future payments. Our goal is to empower our partners with the advanced tools they need to meet evolving payment demands, fostering a more open, efficient, inclusive and interconnected financial ecosystem."
About CLPS Incorporation
CLPS Incorporation (NASDAQ: CLPS), established in 2005 and headquartered in
Forward-Looking Statements
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company's control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company's expectations of the Company's future growth, deployment in the AI technology sector, integration of major stablecoin payment, performance and results of operations, the Company's ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company's most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
Contact:
CLPS Incorporation
Rhon Galicha
Investor Relations Office
Phone: +86-182-2192-5378
Email: ir@clpsglobal.com
View original content:https://www.prnewswire.com/news-releases/clps-incorporation-unveils-web3-ready-issuance-platform-making-a-strategic-leap-into-the-stablecoin-economy-302593852.html
SOURCE CLPS
FAQ
What did CLPS (CLPS) announce on October 24, 2025 about stablecoins?
When and where will CLPS roll out CAKU stablecoin functionality?
Which stablecoins will CAKU support for credit card payments?
How does CAKU keep stablecoins pegged to fiat according to CLPS?
What benefits does CLPS cite for merchants and banks from the CAKU upgrade?
Does CLPS say the CAKU stablecoin feature is compliant with regulations?
