YY Group To Integrate Singapore-Based Obita's Stablecoin Payment Infrastructure Into YY's Global Gig Workforce Platforms Under Signed MoU

Author: Benzinga Newsdesk | October 01, 2025 08:56am

Singapore, Oct. 01, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ:YYGH) ("YY Group" or the "Company"), a global workforce solutions and integrated facility management (IFM) platform provider, today announced that it has entered into a Memorandum of Understanding (MOU) with Obita, a Singapore-based, enterprise-level cross-border payment and digital financial network. Under the MOU, YY Group will integrate Obita's enterprise-grade, stablecoin payment infrastructure into its global gig workforce platforms and corporate operations, equipping YY Group with scalable, compliant rails for receivables, payables and treasury management.

Obita shared that its infrastructure is designed to simplify cross-border settlements for enterprises while maintaining high compliance and security standards. Businesses require payment rails that are intuitive and regulatory-ready, alongside enterprise-grade controls such as role-based approvals and real-time monitoring. These capabilities, Obita emphasized, are what make stablecoin-powered infrastructure a credible foundation for serving both gig workers and enterprises at scale. Both Obita and YY Group are committed to leveraging this model to expand financial inclusion for gig workers worldwide, particularly in emerging markets

Posted In: YYGH