• Lotus Tech CFO participated in TOKEN2049 side‑event, discussing the conditions needed for wider stablecoin adoption in real-world payments.
• Both parties highlighted that broad stablecoin adoption hinges on compliance, security and resolution of real‑world operational challenges.

Lotus Technology Inc. (Nasdaq: LOT) (“Lotus Tech” or the “Company”), a leading global intelligent and luxury mobility provider, announced that Dr. Daxue Wang, Chief Financial Officer, attended Stablecoin & Payments: Funds Flow, a TOKEN2049 Singapore side event hosted by WasabiCard on October 6, 2026.

Dr. Wang discussed customer-led innovation, payment security and the conditions needed for wider stablecoin adoption from the perspective of a global consumer brand, evaluating how emerging payment technologies could respond to changing customer expectations.

Lotus has expanded its product portfolio and technology choices in response to changing customer needs, a principle that could be applied to payments when customers ask for new ways to transact.

“We are seeing meaningful interest from prospective customers for expanded payment alternatives, including the potential use‑case of stablecoins for vehicle purchases,” said Dr. Daxue Wang, Chief Financial Officer of Lotus Tech.

“This remains an area of ongoing exploration guided by customer demand, security safeguards, regulatory considerations and practical implementation. Industry dialogue around stablecoin‑enabled payments is growing more practical, yet wider adoption will depend on how stakeholders effectively tackle security, regulatory clarity, user costs, sustainability and genuine business applications.

“WasabiCard brought people from different industries and backgrounds into one focused discussion, and we welcome continued engagement as market participants resolve detailed operational questions in developing real‑world stablecoin applications.”

Ray Yang, Co-founder and CEO of WasabiCard, added: “The next phase of stablecoin adoption will be shaped by whether global businesses can use the technology within reliable, compliant and familiar payment workflows.

“Lotus brought an important enterprise and customer perspective to the discussion. Customer demand, user experience and operational trust should guide how the industry builds practical payment products.”

Stablecoin & Payments: Funds Flow, the TOKEN2049 Singapore side event hosted by WasabiCard, brought together representatives from global enterprises, payment networks, stablecoin infrastructure, institutional finance, tokenization platforms, digital-asset security and cloud technology.

Discussions focused on the practical requirements for tokenized markets and stablecoin payments to gain wider institutional and business adoption.

Lotus Tech will continue evaluating emerging technologies according to customer needs, implementation feasibility and long-term business value.