Press Release
“Algorithm + Credit” Rebuild the Value Foundation of DeFi
DeFi still has higher attention, with rapid technological innovation and continuous expansion of application scope, The goal of DeFi is undoubtedly to build a more effective, free, and transparent financial ecology. However, finance always develops with money and brings value exchange. Therefore, whether it is a decentralized scenario or a mass application toward reality in the future, stable cryptocurrency is crucial for users, so as to realize the dream of making virtual ideas become reality.
For this reason, in the field of cryptocurrency, many teams have been exploring stable currency. According to CryptoQuant data, stabilecoin holdings on global crypto exchanges hit a high record of $9.8 billion as of March 28, 2021. At the same time, the total stable currency market capitalization once topped $80 billion, according to CoinGecko, the current daily trading volume of all stable currencies is about $118.340 billion. Also, CoinMarketCap shows there are 16 mainstream stable currencies now.
The stable currency is illusory?
In general, both USDT and DAI are still on their way and haven’t really achieved the goal of “stable currency”. Tether’s White Paper said: “Tether is a decentralized cryptocurrency, but we are not a perfectly decentralized company. We store all of our assets as a centralized pledge.” Therefore, USDT is just borrowing the name of the cryptocurrency, but it is not really decentralized.
DAI, developed by MakerDao, is the largest decentralized stable currency on Ethereum. It is issued with the guarantee of the full amount of assets on the blockchain. It is only generated in the application scenario based on the mortgage, and the market value of the mortgage assets is the ceiling of it. Therefore, these stable currencies are illusory in a sense.
Will algorithmic stable currencies finally fail?
Now let’s take a look at the development process of algorithmic stable currencies, known as the holy grail of cryptocurrency. From stable currency1.0 represented by AMPL, stable currency2.0 represented by Basis Cash to stable currency 3.0: Frax Finance, all of them have gone through a period of growth. However, the stable currency reality is that we live under the sense of “ever-changing”, and stable value is still in the ideal.
AMPL algorithmic stable currency is used to increase or decrease the supply of AMPL in order to keep the price of AMPL around $ 1. Ampleforth uses Rebase operation to change the AMPL held by all users as a whole. The Rebase price is based on the average price of the past 24 hours. When this price is above $1.05, the AMPL balance in all users’ wallets increases simultaneously. At prices below $0.95, all users’ AMPL balances decrease simultaneously. During this process, the percentage of AMPL held by users in the supply does not change. It looks like everything is fine on its own, but when the price of cryptos falls to the point where deflation is needed, both the quantity and price of coins held by users are falling, so users face a double whammy.
So it’s easy to create a death spiral. Similarly, when crypto price rises, it is easy to create an upward death spiral. Thus it can be seen that this price model only has two possibilities: the price continues to fall, get into the infinite death circle and leave the market, and the price rises steadily to around 1USDT; Prices rising, the AMPL has been printing (dividend), AMPL reserve disappeared, crypto began to value return, people in loss cannot gain AMPL, prices will fall back near 1 USDT (need funds continue getting into the market), so it is difficult to see AMPL achieve speculation, meanwhile achieve stability, And stability is a necessary condition for a stable currency.
Basis Cash, as represented by 2.0, includes three tokens, Basis Cash (BAC), Basis Share (BAS), and Basis Bond (BAB), among which BAB is non-transferable. The BAC is the stable currency, anchored to $1; BAS is an equity token, and newly-minted BAC tokens can be allocated. BAB is a bond. There is nothing wrong with Basis Cash based on the algorithm itself, but without a good application scenario, relying on the debt market itself is dangerous. There is actually a problem with debt financing in traditional markets, where those “too big to fail” entities can take on the risk of impunity through socialized bailout costs. It is entirely possible that Basis Cash could go into a debt spiral, in which case there would be no willing contributors, the debt would accumulate and the protocol would collapse.
Finance FX is the first partial algorithmic stable currency project, adding the concept of using “partially stable” as a collateral asset to the existing algorithmic stable currency. There are two types of tokens in Frax, the stabilization token Frax, and the governance token FXS. Frax costs USDC and FXS, but only USDC during creation. The initial mortgage rate is 100%, that is, all USDC mortgage is used to cast FRAX. After that, the mortgage rate will be adjusted every hour. If the price of FRAX is more than $1, the mortgage rate will be reduced and FXS ‘share in it will be increased. Raise the mortgage rate if the Frax falls below $1. The mortgage rate is adjusted every hour by 0.25% each time. But its high mortgage ratio leads to the lack of user appeal, its currency numbers and market supply have been stagnant.
Although the above three generations of stable currencies seem to be making breakthroughs and innovations, they do not give a satisfactory answer on how to solve the credit problem. However, algorithm stable currency that cannot solve the credit problem is useless. Bitcoin came into being to solve the problem of credit, but the stable currency, as an important extension of its development, has not inherited the legacy of credit, and is still stuck in the algorithm.
Crypto Credit Network (CCN)
In the financial field, credit is the foundation and the lifeblood. This is true of both traditional and modern financial systems. In the traditional financial system, credit mainly relies on the guarantee of laws and institutions. Apart from the high operation cost, the “credit crisis” gradually exposed by financial intermediaries is the fundamental reason why people urgently embrace the blockchain technology. Algorithm stable currency is going to help cryptos solve the credit problems, guaranteeing machine credit by algorithm, which does not rely on third-party subjective will and makes transaction transparent, efficient, reliable, and stable, let people who do not have to establish credit relationship between each other to achieve cooperation and free trading, reduce the cost of credit.
However, the world of blockchain cryptocurrency is a chaotic existence without a role name. To change from chaos to brightness, each individual needs to have his or her own identity, so that we can obtain the faith like phoenix nirvana. The CCN gives each individual a unique CID (Crypto Identification), which is the most basic rule in the Crypto world. To build a new crypto world of order, autonomy, and equality.
The construction of CCN not only takes blockchain technology as support, but also has a reasonable economic incentive mechanism. Reasonable use of incentive mechanism is an effective means to stimulate all parties to participate in the construction of CCN.
A sound incentive mechanism, reasonable mechanism design from the perspective of leading efficiency and fair governance, can make the value generated by credit information flow effectively to the value provider in the blockchain world, punish the evil behavior, and resolve the conflict between individual interests and collective interests. It makes the individual’s behavior of pursuing individual interests unified with the goal of maximizing collective value.
Therefore, CCN can further clarify the economic interests of each participant and the overall interests of the network, so as to fully mobilize the enthusiasm of each participant and guarantee great development of CCN from the source.
The CCN consists of three different identities: Creator, Guardian, and Angel, all of them have established screening mechanisms. Only firm believers can obtain the CCN identity. Early believers are required to contribute to maintaining the stability of early CCN by burning GAC tokens. Therefore, they are not only holders of GaeaCoin, but also determined preachers and builders. When GaeaCoin issues additional shares, it will also receive a corresponding percentage of GAC tokens as a reward.
The establishment of this system aims to provide every GaeaCoin participant with the opportunity to contribute to the community construction, and to create a healthy crypto community culture of dedication and autonomy through consensus, symbiosis, co-construction, and sharing.
In CCN, although the identity is different, the residents on the chain of CCN build the initial transaction link according to their CID address, and constantly expand CCN on the chain. Open CID needs to be recommended by the network resident, once the link is formed, it cannot be changed forever. Each of the three different identities requires a different number of GAC tokens to burn, which can be viewed on the GaeaCoin network. GaeaCoin network residents have different rights according to their status.
The integration with the DEX: OxySwap has pioneered a full range of applications
There is a natural interdependence between exchange and stable currency. The exchange has always been an important part of crypto digital asset market, and it is also the first application place of stable currency. Like Binance with BUSD and Huobi with HUSD, OKEx also launched USDK on June 3, 2019. Traditional CEXs are fiat currencies, where fiat currencies are exchanged for cryptos. If you want to buy crypto digital assets, you need to top up fiat currency, which undoubtedly increases the economic and time costs of investors in the process of exchange. The emergence of a stable currency can not only solve the above problems but also effectively avoid legal risks in the process of the transaction.
As it should be, the integration of GaeaCoin ecology and OxySwap not only lay a solid foundation for stable currency: GAC token application, but also creates opportunities for it to open up more and wider application scenarios.
OxySwap is a decentralized exchange running on the BSC with a collection of DEX liquidity mining, which offers functions of exchange, liquidity, market making, and so on. The strength of OxySwap guarantees the usages of the stable currency: GAC.
GAC will lead a brighter way
GaeaCoin algorithm stable currency: GAC dares to face the challenge, according to the industry news, GAC praises is not only relatively stable from the concept, but also to really put into application. In addition to GAC (GaeaCoin), GaeaCoin ecology also includes GAB (GaeaCoin Bond) and GASH (GaeaCoin Share), which serve to maintain the stability of GAC. GaeaCoin Ecology also integrates GaeaCoin protocol, algorithm, robustness, price response, encryption, and other technologies, superposed with the DeFi ecology of Crypto Credit Network (CCN), OxySwap (DEX), and so on, providing a realistic solution for GAC, and leads it to move towards the real “stability”.
The integration of CCN and OxySwap points out the direction for the application of algorithmic stable currency. In fact, we can already feel the power of the GaeaCoin algorithm stable currency, and once it is used at a large scale, the ideal stable currency is expected to arrive ahead of time. DeFi will also build on this basis, using currency, lending, spot trading, and other components to build continuously upgraded Lego of DeFi.
GaeaCoin’s move directly challenges the world’s centralized stable currency giants such as USDT and USDC, but compared to the previous challenges of AMPL, BAC, and FRAX, this well-prepared challenge looks more anticipated!
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Dubai, United Arab Emirates, October 13th, 2026, Chainwire
Bybit Co-founder and CEO Ben Zhou has outlined the latest stage of the company’s expansion from a crypto exchange into The New Financial Platform, highlighting new products and collaborations across traditional and digital markets.
The updates were presented during Bybit’s latest biannual “Keynote with Ben” session titled “Make Your Move”, where Ben discussed the convergence of financial markets and the company’s approach to building for that shift. Held outside the usual studio format, in a gathering with a live audience, the keynote brought Ben together with selected guests to discuss changes in the financial landscape, new technologies and the products shaping Bybit’s next phase.
Four Years of TradFi Expansion, With Stocks Now Live and mStocks Ahead
Four years after entering traditional finance with contracts for difference (CFDs) in 2022, Bybit has established itself as the largest crypto CFD platform, with trading volume reaching as much as $100 billion at its peak. On Oct. 12, the company expanded further into traditional markets with the launch of stock trading for eligible users, providing access to more than 1,000 U.S. stocks and ETFs. Users can trade using USDC, with fractional shares and 24/5 access covering U.S. pre-market, regular and after-hours sessions.
Bybit is also developing mStocks in collaboration with Mantle, with a targeted launch in November. The tokenized stock product is designed to be backed 1:1 by real stocks, with plans to support round-the-clock conversion between eligible stocks and mStocks on Bybit, as well as decentralized exchange trading through automated market maker (AMM) liquidity pools on Mantle. Converted mStocks are also expected to be transferable into Bybit’s Unified Trading Account (UTA) for use as trading collateral, subject to applicable terms and conditions.
Bybit launched IPO Express in June, giving eligible users access to selected IPO opportunities at the offering price through tokenized representations of the underlying securities. The service launched with SpaceX and is designed to extend Bybit’s access beyond secondary-market trading into selected primary-market opportunities.
The latest developments build on Bybit’s expansion into perpetuals, pre-market products, foreign exchange and options. Its TradFi offering now spans more than 600 products across equities, ETFs, indices, commodities and FX. TradFi perpetuals have recorded more than $180 billion in trading volume, while recent additions include Forex Perps and Perp Options, an industry-first options product built on TradFi perpetuals.
Bybit is continuing to develop new perpetual products linked to AI computing and commodities, extending its range of instruments beyond conventional crypto markets.
Extending the Platform into Payments
Beyond trading and investing, Bybit has expanded its payments infrastructure to help customers move funds with greater flexibility. Bybit Pay and Bybit Card support crypto and fiat transfers, merchant payments and everyday spending. The service now connects users with more than 5,000 merchants across 15+ countries and supports transfers to bank accounts and e-wallets, alongside QR payments and other payment services. Bybit has issued more than 4 million Bybit Cards, extending the platform’s use beyond financial markets into payments and spending.
Security and Regulatory Infrastructure
The expansion has been accompanied by investment in security, compliance and technology infrastructure.
In the first half of 2026, Bybit said it intercepted more than 30,000 suspicious withdrawal requests, protecting users from more than $700 million in potential losses.
Bybit also secured five new licenses and regulatory approvals across European Union, the Cayman Islands, Indonesia, South Africa and El Salvador during 2026. These regulatory developments support the company’s efforts to expand its presence across different markets, subject to local requirements.
The company launched Bybit AI in September as a conversational assistant across trading, account management and customer support, with further development planned around the platform’s wider financial services.
“Bybit is all about giving you the speed and scale you need when you Make Your Move. We have brought trading, investing, payments and AI together, and we are continuing to add more markets and more ways to use them. We built the platform. Now it is about giving people the financial freedom to make their own move,” said Ben Zhou, Co-founder and CEO of Bybit.
Building Beyond the Exchange
Four years after entering TradFi, Bybit now combines crypto markets with stocks and ETFs, derivatives, commodities, FX, selected pre-IPO access, payments and AI-powered services. The company’s focus is increasingly on bringing these capabilities together within a single platform while continuing to expand market access, product depth and the infrastructure supporting them.
For Bybit, the development of The New Financial Platform represents the next stage of its growth beyond crypto and into a broader role across global financial markets.
Watch the full keynote here: https://www.bybit.com/en/press/live/keynote-with-ben-h2-2026
#Bybit / #NewFinancialPlatform
About Bybit
Bybit is The New Financial Platform.
We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.
Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.
Built for everyone. Powered by intelligence. Open to the world.
Learn more at Bybit.com
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
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Contact
Head of PR
Tony Au
Bybit
tony.au@bybit.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market
Moscow, Russia, October 13th, 2026, Chainwire
A7 International enables businesses and individuals to pay invoices with digital assets, while recipients receive a regular bank transfer, reflecting A7’s international positioning and expanding the geography of settlements available to foreign clients.
In two years of operation, A7 has become one of the key players in the international settlements market. Founded in 2024 to serve the foreign economic activity of Russian businesses, it currently serves around 15,000 companies, processing 10+ trillion roubles in 2025 alone. The services A7 offered domestically sparked interest among businesses from other countries, prompting the company to come up with a new product for foreign clients.
The launch of A7 International marks a new stage in A7’s journey. In response to requests from foreign entrepreneurs, the company is expanding its positioning and creating an export offering for businesses in various countries. It is a remote service compliant with local legislation on digital assets and available only in those jurisdictions where cryptocurrency circulation is permitted.
“We are presenting not just a new product in the lineup, but a new image of A7. We have adapted our service so that it can be used remotely from anywhere in the world. This is precisely the key demand of market participants today. They want to be able to transfer money around the world in a few clicks in the shortest possible time – directly from your smartphone, without lengthy paperwork, hidden fees, or unjustified holds on funds. And we are packaging this demand into a convenient and competitive form,” said Chairman of Bank PSB Petr Fradkov.
The mechanics of the service are simple: the client transfers USDT, and A7 arranges a bank transfer via SWIFT using the counterparty details specified in the invoice. The recipient does not need to accept cryptocurrency or open a crypto wallet: the funds arrive in their bank account.
To submit an application, you need to register in your personal account on the website a7.biz. Individuals undergo identity verification (KYC), and companies undergo corporate data verification (KYB). Then the client uploads the invoice and the necessary documents. The built-in algorithm automatically recognizes the invoice data and helps fill out the application.
“The system operates as follows. AI analyzes the sender and beneficiary, jurisdictions, and key risk factors of the transaction. Based on the verification results, a risk profile of the payment is formed and the available options for processing it are determined. The system compares compliance requirements with the capabilities of the existing payment infrastructure. After that, it recommends the optimal payment route taking into account its cost, speed, reliability, and applicable restrictions. Routing dynamically adapts to changes in conditions and the availability of payment channels. Data accumulated over the years makes it possible to continuously improve the quality of decisions made by the system,” noted A7 CEO Ilan Shor.
At launch, A7 International accepts USDT on the TRON network. Bank transfers are available in US dollars, euros, Chinese yuan, and UAE dirhams. Other currencies are available by prior agreement. The commission is 0.3% for both businesses and individuals. After uploading the invoice, the client sees the final cost of the payment, including commission, in advance.
Payment execution time is from one business day. After the operation is completed, the client receives a SWIFT message or another confirming document. For currency and customs control, the service also provides closing documents.
The presentation of the service took place on a symbolic date and time — October 13 at 13:13.
Video of the official presentation and Customer journey here.
About A7
A7 is a global financial technology company specializing in international payments and settlement solutions for international trade. It was established in 2024 with the involvement of PSB Bank.
A7 is developing an independent global payment infrastructure across more than 100 countries, combining global financial expertise, advanced technology and regulatory compliance. The company’s products include international payments, digital financial assets and promissory notes.
A7 Group works with 15,000 clients, with around 2,000 transactions processed through the system every day. In 2025, approximately 19% of Russian companies’ cross-border trade settlements were processed through A7. In October 2025, A7 received an AA(RU) credit rating with a Stable outlook from ACRA.
Contact
CMO
Alex Fedorov
A7
info@a7.biz
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market
Moscow, Russia, October 13th, 2026, FinanceWire
A7 International enables businesses and individuals to pay invoices with digital assets, while recipients receive a regular bank transfer, reflecting A7’s international positioning and expanding the geography of settlements available to foreign clients.
In two years of operation, A7 has become one of the key players in the international settlements market. Founded in 2024 to serve the foreign economic activity of Russian businesses, it currently serves around 15,000 companies, processing 10+ trillion roubles in 2025 alone. The services A7 offered domestically sparked interest among businesses from other countries, prompting the company to come up with a new product for foreign clients.
The launch of A7 International marks a new stage in A7’s journey. In response to requests from foreign entrepreneurs, the company is expanding its positioning and creating an export offering for businesses in various countries. It is a remote service compliant with local legislation on digital assets and available only in those jurisdictions where cryptocurrency circulation is permitted.
“We are presenting not just a new product in the lineup, but a new image of A7. We have adapted our service so that it can be used remotely from anywhere in the world. This is precisely the key demand of market participants today. They want to be able to transfer money around the world in a few clicks in the shortest possible time – directly from your smartphone, without lengthy paperwork, hidden fees, or unjustified holds on funds. And we are packaging this demand into a convenient and competitive form,” said Chairman of Bank PSB Petr Fradkov.
The mechanics of the service are simple: the client transfers USDT, and A7 arranges a bank transfer via SWIFT using the counterparty details specified in the invoice. The recipient does not need to accept cryptocurrency or open a crypto wallet: the funds arrive in their bank account.
To submit an application, you need to register in your personal account on the website a7.biz. Individuals undergo identity verification (KYC), and companies undergo corporate data verification (KYB). Then the client uploads the invoice and the necessary documents. The built-in algorithm automatically recognizes the invoice data and helps fill out the application.
“The system operates as follows. AI analyzes the sender and beneficiary, jurisdictions, and key risk factors of the transaction. Based on the verification results, a risk profile of the payment is formed and the available options for processing it are determined. The system compares compliance requirements with the capabilities of the existing payment infrastructure. After that, it recommends the optimal payment route taking into account its cost, speed, reliability, and applicable restrictions. Routing dynamically adapts to changes in conditions and the availability of payment channels. Data accumulated over the years makes it possible to continuously improve the quality of decisions made by the system,” noted A7 CEO Ilan Shor.
At launch, A7 International accepts USDT on the TRON network. Bank transfers are available in US dollars, euros, Chinese yuan, and UAE dirhams. Other currencies are available by prior agreement. The commission is 0.3% for both businesses and individuals. After uploading the invoice, the client sees the final cost of the payment, including commission, in advance.
Payment execution time is from one business day. After the operation is completed, the client receives a SWIFT message or another confirming document. For currency and customs control, the service also provides closing documents.
The presentation of the service took place on a symbolic date and time — October 13 at 13:13.
Video of the official presentation and Customer journey here.
About A7
A7 is a global financial technology company specializing in international payments and settlement solutions for international trade. It was established in 2024 with the involvement of PSB Bank.
A7 is developing an independent global payment infrastructure across more than 100 countries, combining global financial expertise, advanced technology and regulatory compliance. The company’s products include international payments, digital financial assets and promissory notes.
A7 Group works with 15,000 clients, with around 2,000 transactions processed through the system every day. In 2025, approximately 19% of Russian companies’ cross-border trade settlements were processed through A7. In October 2025, A7 received an AA(RU) credit rating with a Stable outlook from ACRA.
Contact
CMO
Alex Fedorov
A7
info@a7.biz
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform
Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market
Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market
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