Singapore-based YY Group Holding Limited said it will integrate enterprise-grade stablecoin payment infrastructure from Obita to power cross-border receivables, payables and treasury operations across its global gig-work platforms, under a memorandum of understanding.
YY Group, a workforce solutions and integrated facilities management provider, said the tie-up aims to place stablecoins at the core of its settlement flows, giving the company compliant, scalable rails for moving funds between business units and paying workers and clients in multiple markets.
The companies did not disclose commercial terms.
Obita said its infrastructure is built to simplify cross-border settlements for enterprises while meeting high compliance and security standards, including role-based approvals and real-time monitoring controls.
Those features, it added, make stablecoin-powered systems a credible backbone for large-scale payouts to both enterprises and gig workers.
“Cross-border payments are a key operational lever for scaling our global platform,” YY Group Chief Executive Mike Fu said in the statement. He added:
Partnering with Obita enables us to optimize enterprise costs while delivering faster, more transparent, lower-cost settlement options to the hundreds of thousands of workers and clients we support worldwide.
He said the integration positions YY Group to scale more efficiently, improve margins and accelerate international expansion.
For platform users such as international students and gig workers, YY Group said Obita’s technology is expected to enable quicker, cheaper payouts and provide an option to hold savings in fiat-backed stablecoins to reduce exposure to local currency volatility, benefits it said could bolster engagement and retention across its ecosystem.
At the enterprise level, YY Group said the rails will streamline cross-border capital flows, including intra-group financing and loan repayments, supporting operational efficiency as the company grows.
The firm plans regional pilots to support expansion in Southeast Asia, the Middle East and other growth markets.
YY Group and Obita executives recently appeared at the PayFi Summit at TOKEN2049 Singapore to flag the collaboration and discuss how compliant stablecoin infrastructure could modernize worker payments and speed the digitalization of the gig economy.