TruBit CEO Maggie Wu: Stablecoins Key to Cross-Border Payment Revolution

TruBit CEO Maggie Wu was invited to attend the 2025 Hong Kong Consensus Conference to discuss the global cross-border payment development. The conference, held on February 21st, brought together industry leaders to explore the future of cross-border payments and remittances.

Maggie Wu, CEO and Co-founder of TruBit, participated in a panel discussion titled "Cross-border Interconnection: How Emerging Markets Can Achieve Leapfrog Development in Remittances and Payments." She shared the stage with other industry leaders, including Yellow Card CEO Chris Maurice, to discuss the application of stablecoins, global payment transformation, and regulatory challenges.

During the panel, Maggie Wu emphasized TruBit's commitment to optimizing the stablecoin payment experience. She highlighted the company's focus on providing users with convenient payment solutions without the need for deep technical understanding. Wu pointed out that Mexico's critical position in the global supply chain has driven the growth of cross-border payment demand. Stablecoins, she argued, can effectively reduce the high costs and long settlement periods associated with traditional bank payments.

Using Argentina as an example, Wu illustrated how stablecoins help users combat high inflation and currency devaluation. Through stablecoin transaction services, TruBit provides users with efficient and secure fund management solutions. Regarding regulatory challenges, Maggie Wu believes that although regulatory uncertainty still exists, the global regulatory environment is gradually improving, bringing more development opportunities to the industry.