Tian Ruixiang shares surge 20.30% after-hours as stablecoin partnership finalizes ASEAN government negotiations.

Tian Ruixiang Holdings (NASDAQ:TIRX) surged 20.3% in after-hours trading following announcements of advanced negotiations for a government-backed stablecoin initiative in Southeast Asia. The company revealed it is in final stages of talks with regulators in Indonesia, Malaysia, Singapore, and Thailand to launch a fiat-basket pegged stablecoin backed by a 15,000 BTC investment from a strategic partner. The stablecoin, fortified by TIRX’s AI-driven risk management and compliance systems, aims to reshape cross-border finance and AI-crypto integration in the region. The partnership, which includes a substantial equity stake for the investor, underscores TIRX’s expansion into Southeast Asia’s rapidly growing digital finance market. The stock’s sharp after-hours gain reflects investor optimism over the strategic alliance, regulatory progress, and the potential for a 2026 phased rollout of the stablecoin, positioning TIRX as a leader in AI-integrated cryptocurrency solutions.