@RatioFX
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Ratio is the onchain FX orchestration layer connecting capital, liquidity, and markets across Asia.
Joined December 2025
- Tweets131
- Following25
- Followers314
- Likes238
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Japan is setting the pace for regulated stablecoins in Asia.
@RatioFX has signed an MOU with @jpyc_official, issuer of Japan's FSA-approved JPY stablecoin, to explore collaboration in stablecoin FX, cross-border payments, and digital asset infrastructure.
An initial step, and an important one. A regulated yen belongs at the center of Asia's settlement future.
Building the FX layer for Asian stablecoins, one market at a time.
/Ratio retweeted
Picture an agent paying a supplier in Jakarta from a USD balance at 2am. Bank rails mean a login, a cutoff time, and an FX desk that's closed. Stablecoin rails mean a programmable wallet, 24/7 settlement, and onchain FX. Banks blocking agents just hands the cross-border use case to stablecoins.
This is exactly what we're building with the @idrx_co team.
🤖 Made with AI
/Ratio retweeted
銀行による預金のトークン化が進んでいます。
ステーブルコインに加え、銀行預金もオンチェーンで使われる時代に入ってきています。
しかし、国境を越えて利用するためには、異なる通貨を円滑に交換・決済できる仕組みが重要です。
例えば、円建てのステーブルコインを、米ドルやルピア建てのステーブルコインに交換し、支払いに使えるようにすること。
Kaiaエコシステムの @RatioFX は、アジアのステーブルコインの通貨交換とクロスボーダー決済を支える基盤を構築しており、既にKaiaチェーン上では、USDTとJPYC、インドネシアルピア建てステーブルコインなどを結ぶ交換ルートが稼働しています。
Kaiaは、こうしたエコシステムとの連携を通じて、円滑なクロスボーダー決済を実現できます。
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Banks are putting deposits onchain. The question making the rounds: does this make USDT and USDC the AOLs of digital money?
@RatioFX CEO @Iam_JohnCho, in @Benzinga:
“If anything, the banks entering validate the category they created. The bigger development is multiple currencies and issuers coming onchain. That creates fragmented liquidity and a growing need for infrastructure connecting them.”
/Ratio retweeted
Every business needs a stablecoin strategy. Agreed.
But what about businesses that operate in local currencies? Or those that need regulatory clarity before making a move that could reshape how they run?
2027 will bring a wave of regional stablecoins, especially across APAC, as major economies pass stablecoin legislation. Businesses will adopt them because they come with regulatory confidence.
Adoption is only the first step. The real challenge: how do businesses ACTUALLY cut costs and save time with stablecoins?
More stablecoins also means more fragmentation, and fragmentation adds back the costs stablecoins were supposed to remove.
That’s why we built @RatioFX: instant, seamless on-chain conversion between regional stablecoins, at institutional rates businesses can rely on.
Banks are putting deposits onchain. The question making the rounds: does this make USDT and USDC the AOLs of digital money?
@RatioFX CEO @Iam_JohnCho, in @Benzinga:
“If anything, the banks entering validate the category they created. The bigger development is multiple currencies and issuers coming onchain. That creates fragmented liquidity and a growing need for infrastructure connecting them.”
More issuers, more currencies, more need for the layer in between.
That’s the market we build for.
benzinga.com/Opinion/26/10/6…
/Ratio retweeted
For months we’ve been working closely with stablecoin issuers across Asia to bring Ratio’s FX infrastructure to their markets. 💱
Today one of those conversations becomes official: we’ve signed an MOU with @jpyc_official to bring a JPY corridor to Ratio. 🇯🇵
Soon, our clients will be able to use JPYC to settle in Japan. Stay tuned, more markets to come!
Japan is setting the pace for regulated stablecoins in Asia.
@RatioFX has signed an MOU with @jpyc_official, issuer of Japan's FSA-approved JPY stablecoin, to explore collaboration in stablecoin FX, cross-border payments, and digital asset infrastructure.
An initial step, and an important one. A regulated yen belongs at the center of Asia's settlement future.
Building the FX layer for Asian stablecoins, one market at a time.
/Ratio retweeted
RatioとJPYCがクロスボーダー決済の覚書を締結し、ステーブルコインを活用した国際送金のコスト・時間短縮を検討し始めた。JPYCが国境を越えた円建て決済インフラとして実装される可能性が広がっており、事業者にとって送金コスト削減の新たな検討材料となる。
xitter.cf/BYDFiAlpha/status/2108…
/Ratio retweeted
규제 체계에 따라 발행된 일본 엔화가 이미 온체인에서 유통되고 있습니다.
이제 필요한 것은 아시아의 다른 통화들과 자유롭게 거래할 수 있는 환경입니다.
@RatioFX 가 이를 위한 인프라를 제공합니다.
Japan is setting the pace for regulated stablecoins in Asia.
@RatioFX has signed an MOU with @jpyc_official, issuer of Japan's FSA-approved JPY stablecoin, to explore collaboration in stablecoin FX, cross-border payments, and digital asset infrastructure.
An initial step, and an important one. A regulated yen belongs at the center of Asia's settlement future.
Building the FX layer for Asian stablecoins, one market at a time.
/Ratio retweeted
日本円ステーブルコイン、アジアの市場へ新たな一歩
ステーブルコインFX、クロスボーダー決済、デジタル資産インフラにおける協力を探るため、MOUを締結しました。
アジアにおける円ステーブルコインの可能性を広げていくための、大きな一歩です。
規制に準拠した「円」が、アジアの決済・金融インフラの未来を支える存在を目指します。
Japan is setting the pace for regulated stablecoins in Asia.
@RatioFX has signed an MOU with @jpyc_official, issuer of Japan's FSA-approved JPY stablecoin, to explore collaboration in stablecoin FX, cross-border payments, and digital asset infrastructure.
An initial step, and an important one. A regulated yen belongs at the center of Asia's settlement future.
Building the FX layer for Asian stablecoins, one market at a time.
/Ratio retweeted
The regulated yen is already circulating onchain.
Next, it needs somewhere to trade against the rest of Asia.
@RatioFX provides that infrastructure.
Japan is setting the pace for regulated stablecoins in Asia.
@RatioFX has signed an MOU with @jpyc_official, issuer of Japan's FSA-approved JPY stablecoin, to explore collaboration in stablecoin FX, cross-border payments, and digital asset infrastructure.
An initial step, and an important one. A regulated yen belongs at the center of Asia's settlement future.
Building the FX layer for Asian stablecoins, one market at a time.
/Ratio retweeted
Ratio's advantage is in its stablecoin-native FX execution layer - we don't aggregate, we don't orchestrate - we execute using proprietary liquidity and pricing infrastructure.
We'll be working with @jpyc_official to build the FX execution layer for the $JPYC corridor.
Japan is setting the pace for regulated stablecoins in Asia.
@RatioFX has signed an MOU with @jpyc_official, issuer of Japan's FSA-approved JPY stablecoin, to explore collaboration in stablecoin FX, cross-border payments, and digital asset infrastructure.
An initial step, and an important one. A regulated yen belongs at the center of Asia's settlement future.
Building the FX layer for Asian stablecoins, one market at a time.
The most useful stablecoin FX will be the kind nobody sees.
At a Seoul roundtable covered by @TheKoreaHerald, @RatioFX CEO @Iam_JohnCho placed the utility of won, yen, and rupiah tokens in back-end, cross-border FX, largely invisible to users.
That backend is what Ratio builds.
The evidence is already running:
PoCs with KB Group where Korean tourists paid from a won balance, Vietnamese merchants received dong, and test stablecoins settled in between at lower cost, without card rails.
koreaherald.com/article/1089…
A Korean company paying an Indonesian supplier never actually buys rupiah with won. It buys dollars twice.
Two spreads, correspondent banks, 1-3 days in transit. On a $1M invoice, that's $15K to $30K gone.
@RatioFX CEO @Iam_JohnCho walks through the whole route, and the one that replaces it.
Won stablecoin to IDR stablecoin at mid-market through our FX Engine, off-ramp one-to-one with the issuer, executed at any hour.
One conversion instead of two. Roughly 30 bps.
The full interview in @hackernoon's Behind the Startup series:
hackernoon.com/ratio-ceo-joh…
Taiwan gave us the most concrete regulatory conversations we've had all year.
Time spent at @TaipeiWeek with regulators, banks, and builders, and the picture that emerged: stablecoin rules under the Virtual Asset Service Act could take effect as early as Q1.
Nine sets of supplementary regulations are currently in drafting. Issuers will need approval from both the central bank and the FSC, and the field will most likely open to banks first.
Just as notable was who's preparing for it. Financial institutions and companies engaged in cross-border commerce were asking practical integration questions, and new entrants are eyeing remittances as Taiwan's migrant workforce grows.
@RatioFX has positioned itself as the FX infrastructure for Asia's regulated stablecoins since day one, and Taiwan is a strategic market for us.
We begin testing proof-of-concepts with local partners in the coming months to establish a working settlement flow for the region, and when the regulation passes, our door is open to TWD stablecoin issuers.
Regulated issuance is coming. The settlement layer should be ready when it does.