-- From May 17 to 20, theTsinghua PBCSF Global Finance Forum 2026 was held in Chengdu, Sichuan. Benny Wong (Huang Jianbin), Founder and CEO of blockchain cross-border payment infrastructure provider CodeCoin, was invited to attend the forum. As an invited delegate, he participated in the closed-door seminar on "Digital Currency and Cross-Border Payments" on May 18, sharing CodeCoin's industry observations and product roadmap on topics including AI agent payments, digital currency applications, and cross-border payment infrastructure development.
The forum was themed "Global Financial Governance Amid Change: New Challenges, New Opportunities, New Development," bringing together guests from international organizations, central banks, regulatory bodies, financial institutions, technology companies, and university think tanks to discuss topics including global financial governance, the international monetary system, digital currencies, and cross-border payments. According to the agenda, speakers listed for the afternoon closed-door seminar on "Digital Currency and Cross-Border Payments" on May 18 included Mu Changchun, Director of the Digital Currency Research Institute of the People's Bank of China; Oliver Jenkyn, President of Global Markets at Visa Inc.; Sopnendu Mohanty, CEO of GFTN Group and former Chief FinTech Officer of the Monetary Authority of Singapore; Drew Propson, Head of Technology and Innovation in Financial Services at the World Economic Forum; and Yang Wen, Head of North Asia at SWIFT, among others.
During the forum, Benny Wong exchanged views on AI agent payments with attending guests including Oliver Jenkyn, President of Global Markets at Visa Inc. He also engaged in discussions with Jacob A. Frenkel, Chairman Emeritus of the Board of Trustees of the Group of Thirty (G30) and former Governor of the Bank of Israel. Frenkel previously served as Economic Counsellor and Director of Research at the International Monetary Fund (IMF) and as Chairman of JPMorgan Chase International. The two exchanged views on topics including compliant development of digital assets, regulatory licensing, and integration with mainstream financial systems.
In his discussions, Benny Wong stated: "When AI Agents begin booking flights, placing orders, and processing subscription payments on behalf of users, payment systems must not only identify 'who is paying,' but also 'who is authorized to pay' and 'where the payment boundaries are.' CodeCoin is exploring next-generation payment infrastructure that serves both human users and AI agents."
Benny Wong believes that whether future payment networks can identify transactions initiated by AI agents within proper authorization, risk control, and audit mechanisms will become a core question that next-generation payment infrastructure must answer. Behind this view is the fact that the AI economy is evolving beyond content generation and information processing toward resource invocation and automated transactions. As AI Agents begin to autonomously procure computing power, purchase services, trigger contracts, and complete settlements, traditional payment systems centered on manual account opening, manual approval, and bank accounts will struggle to fully accommodate the high-frequency, automated, and programmable transaction demands between machines. Payment systems designed for the AI economy need to simultaneously possess on-chain native invocation, automated settlement, and compliance audit capabilities. Digital identity technologies such as DID (Decentralized Identifier) are expected to provide the identity verification and authorization foundation for AI agent payments, while the combination of compliant stablecoins and smart contracts has the potential to become the value bridging layer connecting the human economy and the machine economy.
On cross-border payments, Benny Wong noted that traditional cross-border payments still face challenges including high fees, lengthy settlement cycles, complex routing, and limited service hours. Against the backdrop of continued growth in cross-border trade, e-commerce globalization, and digital asset flows, the market requires a new type of payment infrastructure that is more efficient, more transparent, auditable, and compliance-ready. Compared to the friction caused by multi-layered intermediaries, cross-timezone clearing, and foreign exchange costs in traditional cross-border payments, blockchain-based payments have the potential to improve cross-border fund transfer efficiency and reduce time and cost losses from intermediary steps through peer-to-peer clearing and settlement networks and on-chain traceability mechanisms. Benny Wong believes that licensed compliance capabilities will become a critical competitive foundation for digital asset and cross-border payment companies in the next phase.
On the product front, CodeCoin is currently conducting technical validation and product exploration around AI agent payments. Based on its proprietary CCWallet, AI Agents can complete identity verification through DID upon user authorization and initiate payment, exchange, and merchant payment instructions within a compliance framework. The related modules are currently in the technical validation and exploration stage, with future plans to support applicable scenarios including multi-currency payments, supply chain payments, and subscription billing, with the goal of establishing an identifiable, rate-limited, and traceable payment execution mechanism for AI Agents.
CCWallet is currently in closed beta testing and is planned for launch in the near term. On security, CCWallet incorporates post-quantum cryptography (PQC) encryption schemes in private key protection, transaction signing, and on-chain communication, enhancing security resilience against quantum computing attack risks. On payment scenarios, CCWallet plans to support users in applying for virtual and physical cards through partner institutions, connecting to international card network organizations such as Visa and Mastercard, enabling users to transact at online and offline merchants that support the respective card networks, and reducing manual currency exchange and off-chain conversion processes.
Previously, CodeCoin announced that it has obtained in-principle approval for a stablecoin issuance-related license from the Astana Financial Services Authority (AFSA) of Kazakhstan, pending AFSA's final authorization to commence operations. This represents a significant milestone in CodeCoin's global stablecoin licensing strategy and marks a key step forward for its compliance-first approach in the Eurasian market. The company will leverage its compliance capabilities to advance multi-currency cross-border payment and clearing and settlement services for merchants, e-commerce platforms, multinational enterprises, and future AI Agent scenarios.
About CodeCoin
CodeCoin is a blockchain-based cross-border payment infrastructure provider. With licensed operations and end-to-end compliance as its core strategy, the company leverages a global multi-license framework and proprietary blockchain payment technology to provide enterprises and individuals with stable, efficient, and cost-effective multi-currency cross-border payment and clearing and settlement services. The company has obtained in-principle approval for a stablecoin issuance-related license from AFSA in Kazakhstan, with Central Asia as a key market entry point, while also focusing on Southeast Asia, Latin America, the Middle East, and other markets with high cross-border payment demand. Its CCWallet product employs post-quantum cryptography encryption and plans to support virtual cards, physical cards, and real-world payment scenarios, and is currently in closed beta testing.
CodeCoin's core technology team comes from the Tencent WeChat Pay founding team, having previously led the development of WeChat Pay's global service infrastructure covering over 70 countries and more than one billion users. The company is now applying this expertise to the blockchain payment space, committed to building the next-generation global payment network that bridges traditional finance and digital assets.
Contact Info:
Name: Liu Yanrui
Email: Send Email
Organization: CODE COIN INTL TECH CO., LIMITED
Website: http://www.codecoinx.com/
Release ID: 89192723
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