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06/17 01:28

Sui-Based Project Remi Launches Infrastructure for

#World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge #1$ Margin Trade Sui-Based Project Remi Launches Infrastructure for Regulated Bank-Issued Stablecoins The layer-1 blockchain Sui has announced that Remi Technology, a project built on its network, is launching new infrastructure designed specifically for regulated, bank-issued stablecoins. The announcement, made via Sui’s official blog on June 16, outlines a system that allows financial institutions to issue and manage stablecoins while maintaining compliance with key regulatory frameworks. Remi’s Balance-Sheet Treatment and Bank Integration A central feature of Remi’s infrastructure is what it calls ‘Balance-Sheet Treatment.’ This capability enables banks to recognize issued stablecoins as assets on their financial statements, a critical requirement for traditional financial institutions entering the digital asset space. By treating stablecoins as balance-sheet items, banks can integrate them into existing accounting and reporting structures without disrupting established workflows. Remi’s approach focuses on inter-bank clearing and settlement, aiming to embed stablecoin-based functions into current banking operations rather than replacing them. This design choice is intended to lower adoption barriers for regulated entities. Partnership with Bison Bank and Regulatory Compliance To bring this infrastructure to market, Remi has partnered with Lisbon-based Bison Bank. Through this collaboration, the platform will support electronic transfers of bank-issued stablecoins, including the EUB and USB tokens. These stablecoins are designed to comply with two major regulatory standards: the European Union’s Markets in Crypto-Assets (MiCA) regulation and the Financial Action Task Force (FATF) recommendations. MiCA, which came into full effect in 2024, sets strict rules for stablecoin issuers in the EU, including reserve requirements and transparency obligations. FATF guidelines f
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