Cao Cao Travel explores RWA tokenization and stablecoin payments

Reporters learned that Cao Cao Travel and Hong Kong licensed Financial Institution Group Victory Securities today signed a memorandum of strategic cooperation on virtual assets. The two sides will carry out in-depth cooperation on the three directions of real-world asset (RWA) tokenization, stablecoin payment application and compliance digital currency issuance. This cooperation is also the first time in the domestic travel industry to systematically explore the integration of RWA and stablecoin and other cutting-edge digital financial instruments. In this regard, Cao Cao Travel Executive Director and CEO Gong Xin said that through blockchain technology and Web3.0 innovation model, it will accelerate the process of asset tokenization in the Robotaxi industry.