OdinDing OwlPay Harbor’s stablecoin payment volume has seen continued month-over-month growth, partnering with Credible Finance to expand China’s cross-border channels

Taiwan-listed blockchain company Odin Group (NASDAQ: OWLS) announced that it has entered a partnership for cross-border payment and settlement infrastructure, OwlPay Harbor, together with U.S. payment platform Credible Finance. The first new channel will settle funds to China, and the companies also plan to further expand to India. By the end of May 2026, OwlPay Harbor had 51 enterprise customers, representing growth of more than 40% compared with the previous financial report disclosure.
(Background: Odin launched the OwlPay Cash cross-border remittance app, connecting Visa Direct and targeting a $100 billion-level market)
(Additional context: Taiwan’s Odin Group “surged and triggered a trading halt” after its NASDAQ listing, followed by a rapid price pullback)

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• Stablecoin payment order volume achieves a monthly compound growth rate of 103%, and enterprise customers surpass 50
• The first channel settles to China; next step explores India
• OwlPay Harbor: a compliant settlement hub spanning 42 states
• About Odin Group
• About Credible Finance

This article is a press release provided by OBOOK and is not related to “DongQiang.”

June 17, 2026, Taipei — Leading blockchain technology company OBOOK Holdings Inc., through its operating brand Odin Group (NASDAQ stock code: OWLS, hereinafter referred to as “Odin” or “the Company”), announced today that it has launched a cross-border payment cooperation with Credible Finance, a U.S. payment platform focused on global payment settlement services (hereinafter referred to as “Credible”). Both sides have already officially signed the agreement and entered the system integration and go-live preparation stage. In the future, they will open new payment routes for each other’s customers. The first channel will settle funds to China, with plans to further expand to India. This cooperation adds another major platform client to Odin’s cross-border payment and settlement infrastructure OwlPay Harbor, and also marks yet another milestone during OwlPay Harbor’s rapid growth phase in which enterprise customers have surpassed 50.

Stablecoin payment order volume achieves a monthly compound growth rate of 103%, and enterprise customers surpass 50

As of May 31, 2026, OwlPay Harbor’s number of enterprise customers reached 51. Compared with the 36 enterprise customers reported when the Company released its 2025 full-year financial report on April 29, 2026, this represents growth of over 40%. Since March 2026, the average monthly volume of stablecoin payment orders processed through OwlPay Harbor has doubled. During this period, the monthly compound growth rate (CMGR) reached 103%, and stablecoin payment transaction volume has also grown by an average of 49% per month. This growth momentum reflects that more and more enterprises are shifting a higher proportion of routine cross-border payment operations to be processed by OwlPay Harbor in their day-to-day business.

This collaboration partner Credible mainly operates an open payment architecture. It provides cash-flow services across more than 40 markets for internet-native enterprises, including fintech companies, Web3 platforms, AI startups, e-commerce marketplaces, creator platforms, and global business enterprises. OwlPay provides U.S.-licensed infrastructure, enabling these funds to flow across borders in a legal and regulated manner.

The first channel settles to China; next step explores India

In the channel being prepared for the initial wave of go-live, Credible will settle funds to China via OwlPay Harbor. The direction for the second phase will be the opposite: Odin will integrate with Credible’s network to explore opening a payment channel to India. India is one of the world’s largest cross-border remittance/collection receipt markets, and this channel is expected to deliver near-instant settlement advantages. With both sides joining forces, they will expand each other’s customers’ footprint for cross-border business across a broader scope.

Odin Group founder and CEO Wang Junkai stated:

What companies actually want when sending money around the world is very simple: it must be fast, it must be reachable, and every step must be compliant. OwlPay Harbor will be favored by the market precisely because it achieves all three. By connecting with Credible this time, we can bring our own customers into more important Asian markets, and also enable Credible’s customers to transfer funds to China smoothly through our compliant settlement. I believe that the next phase of global payments will be like OwlPay—licensed payment infrastructure, connecting payment networks in different places with each other—so that cross-border fund flows become more reliable.

Credible Finance co-founder and CEO Shrikant Bhalerao stated:

Cross-border payments are moving toward interconnected financial networks. They can send funds to the world, and at the same time align with local regulations and settlement rules in each market. By partnering with OwlPay, we have more confidence in transferring funds compliantly into key Asian markets, and we also open wider routes for global internet enterprises. For these companies, settlement needs to be faster, coverage needs to be broader, and the infrastructure must be programmable—and these expectations will only keep rising.

As of now, the Credible platform has processed total payments exceeding $641 million. It is aiming to reach $5 billion in annual payment processing volume in 2026 and is moving toward building a financial operating system for internet-native enterprises. Before 2030, it is expected to gradually expand payment channels, support more currencies, and obtain relevant licenses. With the Credible platform requiring only a single integration, it can currently reach more than 40 markets worldwide, 37 currency types, and 86 payment methods, and it also provides same-day settlement services.

OwlPay Harbor: a compliant settlement hub spanning 42 states

Based on compliant settlement, OwlPay Harbor covers 42 states through Odin’s U.S. payment services. It is registered in Poland as a Virtual Asset Service Provider (VASP), and has obtained agency qualifications for electronic payments in Japan—i.e., a bank API license. It provides a single licensed framework for enterprises to manage cross-border capital deployment. As more platforms connect to OwlPay Harbor, Odin’s goal is to turn it into a cross-border settlement hub that can be shared by different platforms, supporting large-scale cross-border receipts and payments for enterprises.

OwlPay Harbor is only one layer of Odin’s payment ecosystem. OwlPay Agent Wallet enables AI agents to make payments, and OwlPay Agent Checkout is responsible for settling transactions authorized by AI agents within their scope. Together, these form a compliant, near-instant settlement payment flow that lays the groundwork for the emerging business model of “AI agents paying on behalf of enterprises and consumers.” Each partnership that links different payment networks—such as this collaboration with Credible—can extend this payment flow to more markets and reach more customers.

About Odin Group

Odin Group (NASDAQ stock code: OWLS) is a brand operated under OBOOK Holdings Inc. It is a leading blockchain technology company founded in Taiwan. It has subsidiaries in the United States, Japan, Poland, Singapore, Hong Kong, Thailand, and Malaysia. Its business spans multiple areas including payments, lodging and hospitality, and e-commerce. In 2026, Odin Group was selected as one of the “Asia-Pacific High-Growth Companies 500” by the British newspaper Financial Times and Statista, ranking No. 226 with a 42% compound annual growth rate (CAGR). In 2025, Odin was recognized by the international research and consulting firm CB Insights in its “Stablecoin Market Map,” ranking among the top two global service providers in the “Enterprise Solutions and B2B” category. Upholding the use of blockchain technology, Odin provides enterprises with more reliable and transparent data management solutions, reshaping global capital flow patterns between enterprises and consumers, and leading digital transformation in business operations. To this end, Odin has launched a payment solution that combines Web2 and Web3: OdinPay (OwlPay), helping global enterprises confidently and widely adopt stablecoin applications in the flourishing stablecoin economy. For more information, please visit the Odin official website.

About Credible Finance

Credible Finance is a global payment collaboration platform that builds an open payment architecture for internet-native enterprises. Through a single interface integration, Credible can provide cross-border collections, payments, fund management, and settlement services across more than 40 markets worldwide, 37 currency types, and 86 payment methods. The company provides fast, compliant, and programmable payment operating capabilities to fintech firms, Web3 platforms, e-commerce marketplaces, creator platforms, AI startups, and global business enterprises. It is specifically designed for the modern internet economy. Credible combines fiat payment infrastructure with a stablecoin-native settlement track, offering modern enterprises same-day settlement, global coverage, and scalable fund management capabilities. To date, the total payment volume processed by Credible Finance has exceeded $641 million, and it continues to expand its global settlement network by opening new payment channels, adding partners, and building license arrangements. For more information, please visit www.credible.finance.

Frequently Asked Questions

What exactly does the partnership between OwlPay Harbor and Credible Finance involve?

Both sides have officially signed the agreement and entered the system integration stage. The first channel will have Credible compliantly settle funds to China via OwlPay Harbor. The second phase will be for Odin to integrate with Credible’s network, exploring opening a payment channel to India, and mutually opening cross-border payment routes for each other’s customers.

How has OwlPay Harbor performed recently?

As of the end of May 2026, the number of enterprise customers reached 51, which is an increase of more than 40% from the 36 disclosed in the April financial report; since March, the average monthly stablecoin payment order volume has doubled, with a monthly compound growth rate of 103%, and transaction volume has grown by an average of 49% per month.

Forward-Looking Statements

This announcement contains forward-looking statements defined under applicable securities laws. These statements relate to future events or the Company’s future financial and operating performance, and include known and unknown risks and uncertainties, which could cause actual results to differ materially from the expectations stated or implied in these kinds of statements. Forward-looking statements are often identified by words such as “may,” “will,” “expect,” “anticipate,” “plan,” “intend,” “believe,” “estimate,” or similar terms. These forward-looking statements are based on the Company’s current expectations and assumptions, and only reflect circumstances as of the date of publication of this announcement. Except as required by law, the Company does not undertake any obligation to update forward-looking statements. Investors should note that they should not place undue reliance on such statements, and are advised to review the risk factors described in the Company’s filings submitted to the U.S. Securities and Exchange Commission (SEC).

Digital Asset and Blockchain-Related Disclosures

The information in this press release regarding digital assets, blockchain technology, stablecoins, or stablecoin-related content is for reference only and does not constitute any offer or solicitation to buy or sell any digital assets, securities, or financial instruments. The digital asset market has significant volatility and regulatory uncertainty. The provision of related products and services may require approval from regulatory authorities and must comply with applicable laws and regulations.

Disclosure of Information from Third-Party Entities

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