{"id":881618,"date":"2025-09-03T13:58:43","date_gmt":"2025-09-03T17:58:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/yy-group-is-bringing-stablecoin-payments-to-its-gig-worker-platform\/"},"modified":"2025-09-03T13:58:43","modified_gmt":"2025-09-03T17:58:43","slug":"yy-group-is-bringing-stablecoin-payments-to-its-gig-worker-platform","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/yy-group-is-bringing-stablecoin-payments-to-its-gig-worker-platform\/","title":{"rendered":"YY Group is Bringing Stablecoin Payments to its Gig Worker Platform"},"content":{"rendered":"
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Singapore , Sept. 03, 2025 (GLOBE NEWSWIRE) — YY Group Holding Limited (NASDAQ: YYGH) (\u201cYY Group,\u201d \u201cYYGH,\u201d or the \u201cCompany\u201d), a global leader in on-demand workforce solutions and integrated facility management (IFM), today announced plans to integrate regulated stablecoin-powered payments into its YY gig worker platform, enabling gig workers and clients to send and receive payments in seconds at a lower cost. The move positions the Company to tap into the rapidly growing global stablecoin market while creating new, high-margin fintech revenue opportunities such as FX conversion participation, instant settlement options, and other value-added services within its ecosystem.<\/p>\n

\n Faster, Cheaper, Borderless Payments for Gig Economy Users<\/strong>
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The integration will combine the speed, cost efficiency, and global reach of stablecoin payment rails with the scale and trust of YY Group\u2019s established gig workforce ecosystem. Already embraced by global payment providers for merchant and contractor payouts, stablecoin technology will be tailored to YY\u2019s user base to unlock commercial benefits and long-term growth potential.<\/p>\n

\u201cThe mainstream adoption of stablecoins by global payment leaders gives us the confidence to bring this technology to our own gig worker ecosystem,\u201d said Mike Fu, Group Chief Executive Officer of YY Group. \u201cFor workers, it means faster access to earnings; for clients, it means seamless, lower-cost cross-border payments; and for YY Group, it creates scalable opportunities for fintech-led growth, all built on a foundation of regulated stablecoin infrastructure, compliance, and market trust.\u201d<\/p>\n

\n A Timely Move in a Maturing Market<\/strong>\n <\/p>\n

Regulated stablecoins, digital tokens pegged 1:1 to fiat currencies like the U.S. dollar, have evolved into trusted, high-volume payment rails. Visa On-Chain Analytics reports that in 2024, annualized stablecoin transaction volumes surpassed US$27 trillion, with B2B payments exceeding US$36 billion.<\/p>\n

With over 659 million people globally holding digital currencies and higher average transaction values than traditional payment users, the market offers significant growth potential. Recent regulatory clarity, including the U.S. GENIUS Act, EU\u2019s MiCA framework, and Monetary Authority of Singapore\u2019s stablecoin regime, has opened the door for responsible enterprise adoption at scale.<\/p>\n

\n How It Works<\/strong>\n <\/p>\n

YY Group will partner with licensed providers to integrate stablecoin capabilities directly into its platform:<\/p>\n