Set up a New Taiwan dollar stablecoin? Capital Layer partners with Dunyun Technology; blockchain settlement will be introduced to banks

Capital Layer partners with Dunyang Technology to introduce on-chain settlement facilities into Taiwan’s financial industry, taking the lead in preparing for the launch of a new Taiwan Dollar stablecoin settlement facility in 2026, aiming to address cross-border transfer pain points and enhance settlement efficiency.

Blockchain enterprise settlement infrastructure provider Capital Layer announced a strategic distribution partnership with Dunyang Technology (TWSE: 2480). Dunyang Technology is the largest local system integrator in Taiwan, listed on the Taiwan Stock Exchange, with over 30 years of experience in enterprise services and more than 2,000 corporate and financial institution clients, will assist Capital Layer in introducing its enterprise settlement infrastructure to major banks and financial institutions in Taiwan.

Timing of the rollout: New Taiwan Dollar stablecoin expected to launch by mid-2026

The timing of this collaboration aligns closely with the Taiwan Financial Supervisory Commission’s confirmation that the NTD stablecoin (New Taiwan Dollar stablecoin) is expected to be launched by mid-2026. Capital Layer points out that banks issuing, settling, and managing Taiwan Dollar-denominated stablecoins must begin evaluating infrastructure before the regulatory framework is officially implemented — this is the core logic of this collaboration.

Currently, cross-border transfers in Taiwan take several days, with exchange rate differences reaching 2-4%, and require multiple layers of intermediary banks, resulting in extremely low efficiency in connecting to major trade corridors in Asia. Capital Layer’s enterprise-grade on-chain settlement solution emphasizes programmability, auditability, compliance, and interoperability across currency corridors.

Dunyang Technology: A trusted infrastructure partner in Taiwan’s banking industry

Capital Layer’s founder and CEO Justin Wang stated: “Taiwan’s positioning in the Asian trade corridor determines the role it should play in the next-generation settlement network. Our collaboration with Dunyang Technology gives us the opportunity to translate this judgment from concept into actual infrastructure. Taiwan lacks production capacity, but what is missing is a settlement framework that matches this capacity.”

Dunyang Technology has over 30 years of experience in building complex ICT infrastructure for Taiwan’s financial industry and is a long-term trusted system integrator for the banking sector, which is a key reason for Capital Layer’s choice to partner with them — gaining institutional trust required decades to establish within the banking system.

Asian on-chain settlement race: Countries advancing in parallel

Taiwan is not an isolated case. Capital Layer points out that the regulatory and institutional conditions for enterprise-grade on-chain settlement in Asia are converging in multiple locations:

• Hong Kong has issued the first batch of stablecoin licenses
• The Bank of Japan has launched a blockchain reserve settlement sandbox
• Bank Negara Malaysia is trialing a Ringgit stablecoin with Standard Chartered Bank and Maybank

Capital Layer has already begun collaborations with some banks and enterprises in Taiwan and plans to expand into the entire Asian market after establishing a foothold in Taiwan.

• This article is reprinted with permission from: “Chain News”
• Original title: “Capital Layer partners with Taiwan’s largest system integrator Dunyang Technology to take the lead in establishing NTD stablecoin bank settlement infrastructure”
• Original author: Elponcrab