Obita at HK Web3 Festival PayFi Forum: Driving Real-World Adoption Through End-to-End Infrastructure
During Hong Kong Web3 Festival 2026, the themed forum “Web3 Payment Revolution: Security, Privacy and the New Global Payment System,” co-hosted by the festival organizer and RD Technologies, took place on April 21. Vincent YANG, Co-founder and Chief Business Officer of Obita, joined the panel discussion “PayFi Infrastructure: Web3 Payment,” engaging in in-depth exchanges with fellow speakers on key topics including the development of PayFi infrastructure, real-world pain points in cross-border payments, the practical adoption of Web3 payment use cases, and future industry trends.
During the forum, Obita shared its observations on the current enterprise cross-border payment market. In Obita’s view, while digital payments on the consumer side have gradually matured, enterprise cross-border payments still rely heavily on the traditional banking system. Companies continue to face issues such as complex processes, limited settlement efficiency, and insufficient coverage when receiving funds globally, settling across markets, and managing cross-border fund flows. These demands are especially concentrated in emerging markets, where the related pain points are often even more pronounced.
In response to widely recognized industry pain points and the “last-mile” challenge in cross-border payments, Obita shared its understanding of end-to-end payment workflows and outlined a three-layer approach. The first layer is the selection of compliant, high-quality, and reputable local partners, alongside close collaboration with regulators to ensure partner compliance and reliability, with particular attention to partner selection in emerging markets. The second layer uses blockchain technology and major stablecoins as a settlement bridge to improve transfer efficiency while maintaining transparency. The third layer leverages Obita’s proprietary product, Obita Mesh, to organize combinations better suited to client needs, match clients with more optimal payment routes, and address diverse business requirements through multiple solutions, helping to improve last-mile settlement under a compliant framework.
When discussing why traditional enterprises remain cautious about stablecoin payments, Obita noted that the most immediate concerns for businesses are whether funds can arrive on time, whether they can arrive safely, who they should work with, and whether the overall process is sufficiently hassle-free. Whether enterprises adopt stablecoins ultimately depends on whether they can be integrated into real business workflows and solve concrete issues in receiving, settlement, and cross-market fund flows.
At the end of the panel, the moderator asked each guest to summarize their outlook on PayFi in 2027. Obita’s keyword was “adoption” — a direction the company intends to continue pursuing, helping enterprise clients understand, accept, and use more complete end-to-end payment solutions in day-to-day business scenarios, while moving payments closer to becoming truly borderless across cross-market operations.
About Obita
Obita is a global payment service provider for enterprises, focused on delivering controllable, trustworthy, and efficient digital financial solutions that help businesses manage global collections, cross-border payouts, and fund operations with greater ease.
Powered by fintech and blockchain technology, Obita is committed to providing enterprises with more efficient settlement experiences, more stable payment workflows, clearer fund management, and broader capabilities across global collections, payouts, and fund operations — supporting sustained business growth in an increasingly connected world.
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