Blockchain enterprise settlement infrastructure provider Capital Layer announced a strategic distribution partnership with Donyang Technology (TWSE: 2480). Donyang 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. They will assist Capital Layer in integrating its enterprise settlement infrastructure into major banks and financial institutions in Taiwan.
Timing of the layout: NTD stablecoin expected to launch as early as mid-2026
The timing of this collaboration aligns closely with the Taiwan Financial Supervisory Commission’s confirmation that the NTD stablecoin is expected to be launched by mid-2026. Capital Layer pointed out that banks issuing, settling, and managing new Taiwan dollar-denominated stablecoins must begin assessing their infrastructure before the regulatory framework officially comes into effect—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 must go through multiple layers of intermediary banks, resulting in extremely low efficiency in connecting with major trade corridors in Asia. Capital Layer’s enterprise-grade on-chain settlement solution focuses on programmability, auditability, compliance, and cross-currency corridor interoperability.
Donyang Technology: A trusted infrastructure partner of Taiwan’s banking industry
Justin Wang, founder and CEO of Capital Layer, stated: “Taiwan’s positioning in the Asian trade corridor determines the role it should play in the next-generation settlement network. Our collaboration with Donyang Technology gives us the opportunity to turn this assessment from concept into actual infrastructure. Taiwan does not lack production capacity; what it lacks is a settlement framework that matches this capacity.”
Donyang Technology has over 30 years of experience building complex ICT infrastructure for Taiwan’s financial sector and is a long-term trusted system integrator for Taiwan’s banking industry. This is also a key reason for Capital Layer’s choice to collaborate with them—gaining institutional trust required to enter the banking system takes decades to establish.
Asian on-chain settlement race: Countries proceeding simultaneously
Taiwan is not alone. Capital Layer noted 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
The Central Bank of Malaysia is trialing a ringgit stablecoin with Standard Chartered Bank and Malayan Banking Berhad
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 on Capital Layer partnering with Taiwan’s largest system integrator Donyang Technology to take the lead in laying out NTD stablecoin banking settlement infrastructure first appeared in Chain News ABMedia.