Native's Tommy Li Reveals $245B Stablecoin Volume in Asia, Details 24/7 Settlement Infrastructure

According to an interview published on June 19, Tommy Li, co-founder of Native, discussed the infrastructure required to enable 24/7 stablecoin settlement. Li explained that Asia—specifically Singapore, Hong Kong, and Japan—already handles approximately $245 billion in stablecoin payment volume, making the region the real-world test ground for continuous settlement. He noted that dedicated liquidity providers must maintain pre-funded capital and quote both sides of trades outside banking hours, a role neither traditional banks nor exchanges are structurally designed to perform. Li highlighted that robust regulatory frameworks in these three markets have enabled this infrastructure development.
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