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PROVIDENCIALES, Turks and Caicos Islands, Nov. 21, 2025 /PRNewswire/ -- KuCoin, a leading global crypto platform built on trust, today announced that its crypto payment arm, KuCoin Pay, has officially integrated with Pix.
This move empowers millions of Brazilians to seamlessly convert and spend over 50 cryptocurrencies at any merchant accepting Pix QR codes, effectively bridging digital assets with everyday utility. It capitalizes on Brazil's robust crypto adoption—reaching approximately 26 million users, or 12% of the population—while meeting the growing demand for practical applications in Latin America's premier crypto market.
The integration streamlines instant crypto-to-BRL conversions, enabling users to transfer funds directly from their KuCoin accounts to any Brazilian bank or pay merchants via Pix. Leveraging Pix's widespread adoption, it offers multi-functional wallet management for both crypto and fiat within the KuCoin app, all underpinned by secure, regulatory-compliant infrastructure that aligns with Brazil's KYC standards. This enhances user experience by delivering fast, accessible payments for daily needs, fostering greater financial inclusion and empowering a digitally native population to utilize crypto with ease, security, and efficiency.
"By integrating with Pix, we are unlocking a new economic layer for Brazil's digitally savvy population. This embodies our commitment to enhance crypto accessibility for all, building on our previously announced on-chain payment solutions as a new step forward in making digital assets practical for everyday life," said Raymond Ngai, KuCoin Pay Lead.
Pix, Brazil's instant payment system, facilitates 24/7 transfers using simple identifiers like QR codes and has amassed over 175 million users, transforming the payments landscape through inclusion, reduced cash dependency, and operational efficiency. For local users, it remains essential in promoting affordable, inclusive digital transactions across a dynamic economy.
About KuCoin Pay
KuCoin Pay is a pioneering merchant payment solution that enables businesses to integrate cryptocurrency transactions for both online and offline sales. Supporting over 50 cryptocurrencies including KCS, USDT, USDC, and BTC, KuCoin Pay delivers fast, secure, and borderless payments to its audience.
Learn more about KuCoin Pay: https://www.kucoin.com/pay
PROVIDENCIALES, Turks and Caicos Islands, Nov. 21, 2025 /PRNewswire/ -- KuCoin, a leading global crypto platform built on trust, today announced that its crypto payment arm, KuCoin Pay, has officially integrated with Pix.
This move empowers millions of Brazilians to seamlessly convert and spend over 50 cryptocurrencies at any merchant accepting Pix QR codes, effectively bridging digital assets with everyday utility. It capitalizes on Brazil's robust crypto adoption—reaching approximately 26 million users, or 12% of the population—while meeting the growing demand for practical applications in Latin America's premier crypto market.
The integration streamlines instant crypto-to-BRL conversions, enabling users to transfer funds directly from their KuCoin accounts to any Brazilian bank or pay merchants via Pix. Leveraging Pix's widespread adoption, it offers multi-functional wallet management for both crypto and fiat within the KuCoin app, all underpinned by secure, regulatory-compliant infrastructure that aligns with Brazil's KYC standards. This enhances user experience by delivering fast, accessible payments for daily needs, fostering greater financial inclusion and empowering a digitally native population to utilize crypto with ease, security, and efficiency.
"By integrating with Pix, we are unlocking a new economic layer for Brazil's digitally savvy population. This embodies our commitment to enhance crypto accessibility for all, building on our previously announced on-chain payment solutions as a new step forward in making digital assets practical for everyday life," said Raymond Ngai, KuCoin Pay Lead.
Pix, Brazil's instant payment system, facilitates 24/7 transfers using simple identifiers like QR codes and has amassed over 175 million users, transforming the payments landscape through inclusion, reduced cash dependency, and operational efficiency. For local users, it remains essential in promoting affordable, inclusive digital transactions across a dynamic economy.
About KuCoin Pay
KuCoin Pay is a pioneering merchant payment solution that enables businesses to integrate cryptocurrency transactions for both online and offline sales. Supporting over 50 cryptocurrencies including KCS, USDT, USDC, and BTC, KuCoin Pay delivers fast, secure, and borderless payments to its audience.
Learn more about KuCoin Pay: https://www.kucoin.com/pay
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
KuCoin Pay Enters Brazil via Pix: Driving Instant Crypto Payments and Enhancing Utility
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YICHANG, China, Feb. 6, 2026 /PRNewswire/ -- Angel Yeast Group (SH600298) recently welcomed 29 employees from Indonesia to its headquarters in Yichang, China, for a six-month structured training program. The initiative is designed to develop a cohort of skilled professionals to support the commissioning and operations of Angel's Indonesia facility. As the Chinese Lunar New Year approaches, these young Indonesian trainees are not only learning yeast production techniques but are also gaining firsthand exposure to Spring Festival traditions.
In preparation for the holiday, Angel's Yichang facility has been decorated to mark the Spring Festival. As they stroll through the city, trainees see shopping malls bustling with people buying holiday goods, while traditional folk melodies fill the parks. Aqil, one of the participants, said, "Everyone here is preparing for the celebrations. Amid all the festive excitement, I can truly feel the energy and richness of the culture." Before joining Angel, Aqil worked at a local technology company. Like many young professionals, he was attracted to companies with a strong international presence. This customized training program is designed to help him transition into his new role, enhance his technical skills, and strengthen cross-cultural collaboration and teamwork. The multinational program officially began on November 26 last year at China Three Gorges University and consists of 20 days of classroom instruction followed by five months of hands-on operational training.
The Angel Indonesia project represents a key milestone in the company's international expansion. As an integral part of its global growth strategy, the project is expected to help build local industry capabilities, create job opportunities, and strengthen linkages across the broader value chain. The training program aims to encourage participants to adapt proactively to the new environment, engage in meaningful cultural exchange, and develop a solid mastery of both theoretical knowledge and practical skills, laying a strong foundation for the future plant's safe, stable, and reliable operations.
Setting up a subsidiary in Indonesia will allow Angel to take advantage of local resources, the strategic location, and tariff advantages, accelerating its expansion into neighboring Asian markets. The project, launched in 2025 in south-central Lampung Province, is located next to the joint venture partner's sugarcane mill. The site is currently under development, with completion and commissioning scheduled for 2027. The project includes a yeast production line with an annual capacity of 20,000 tons, supported by a wastewater treatment facility capable of processing 3,500 tons per day, as well as an organic fertilizer project designed to reduce waste and improve resource efficiency, with an annual output of 20,000 tons. Angel Yeast Indonesia will source large quantities of locally produced molasses, converting by-products into usable inputs while promoting cleaner production practices. Wastewater from yeast production will be treated and converted into organic fertilizer, and fine yeast by-products will be sold as animal feed, supporting local agriculture and livestock farming, while serving as a practical example of circular economy principles.
The Angel Yeast Indonesia plant is a key part of the company's global manufacturing network. For Angel, global operations extend beyond expanding production capacity; they focus on supporting the local yeast industry through technology transfer and workforce development, while contributing to growth across related value chains and creating employment opportunities. These young trainees are being prepared to become the core team of the Indonesia facility, playing an important role in enabling global operations, industrial collaboration, and cross-cultural engagement.
YICHANG, China, Feb. 6, 2026 /PRNewswire/ -- Angel Yeast Group (SH600298) recently welcomed 29 employees from Indonesia to its headquarters in Yichang, China, for a six-month structured training program. The initiative is designed to develop a cohort of skilled professionals to support the commissioning and operations of Angel's Indonesia facility. As the Chinese Lunar New Year approaches, these young Indonesian trainees are not only learning yeast production techniques but are also gaining firsthand exposure to Spring Festival traditions.
In preparation for the holiday, Angel's Yichang facility has been decorated to mark the Spring Festival. As they stroll through the city, trainees see shopping malls bustling with people buying holiday goods, while traditional folk melodies fill the parks. Aqil, one of the participants, said, "Everyone here is preparing for the celebrations. Amid all the festive excitement, I can truly feel the energy and richness of the culture." Before joining Angel, Aqil worked at a local technology company. Like many young professionals, he was attracted to companies with a strong international presence. This customized training program is designed to help him transition into his new role, enhance his technical skills, and strengthen cross-cultural collaboration and teamwork. The multinational program officially began on November 26 last year at China Three Gorges University and consists of 20 days of classroom instruction followed by five months of hands-on operational training.
The Angel Indonesia project represents a key milestone in the company's international expansion. As an integral part of its global growth strategy, the project is expected to help build local industry capabilities, create job opportunities, and strengthen linkages across the broader value chain. The training program aims to encourage participants to adapt proactively to the new environment, engage in meaningful cultural exchange, and develop a solid mastery of both theoretical knowledge and practical skills, laying a strong foundation for the future plant's safe, stable, and reliable operations.
Setting up a subsidiary in Indonesia will allow Angel to take advantage of local resources, the strategic location, and tariff advantages, accelerating its expansion into neighboring Asian markets. The project, launched in 2025 in south-central Lampung Province, is located next to the joint venture partner's sugarcane mill. The site is currently under development, with completion and commissioning scheduled for 2027. The project includes a yeast production line with an annual capacity of 20,000 tons, supported by a wastewater treatment facility capable of processing 3,500 tons per day, as well as an organic fertilizer project designed to reduce waste and improve resource efficiency, with an annual output of 20,000 tons. Angel Yeast Indonesia will source large quantities of locally produced molasses, converting by-products into usable inputs while promoting cleaner production practices. Wastewater from yeast production will be treated and converted into organic fertilizer, and fine yeast by-products will be sold as animal feed, supporting local agriculture and livestock farming, while serving as a practical example of circular economy principles.
The Angel Yeast Indonesia plant is a key part of the company's global manufacturing network. For Angel, global operations extend beyond expanding production capacity; they focus on supporting the local yeast industry through technology transfer and workforce development, while contributing to growth across related value chains and creating employment opportunities. These young trainees are being prepared to become the core team of the Indonesia facility, playing an important role in enabling global operations, industrial collaboration, and cross-cultural engagement.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Angel Yeast Indonesia Project: Strengthening Foundations through Technical Training and Building Consensus through Cultural Exchange
