AX Coin Launches Stablecoin Masterclass Series II: Anatomy of a Stablecoin
Manama, Bahrain, September 24, 2026 — AX Coin successfully hosted the second keynote lecture of its digital asset masterclass series today at Bahrain FinTech Bay (BFB), located in the Arcapita Building, Bahrain Bay. The event, themed "Anatomy of a Stablecoin," kicked off promptly at 10:00 AM local time.
This core lecture featured Mr. Saud Alheddi, Deputy CEO of AX Coin, as the keynote speaker. As a seasoned strategy expert, Mr. Alheddi brings seven years of extensive leadership experience across Bahrain's financial regulation, government, and venture capital sectors. During the event, he leveraged his profound professional background to provide attendees with a comprehensive and in-depth analysis of the internal mechanisms and underlying logic of stablecoins.
Mr. Alheddi's presentation detailed the core differences between traditional bank deposits, volatile cryptocurrencies, and stablecoins, explaining how the latter borrows traditional money's stability while retaining crypto's 24/7 transfer speed and programmability. The masterclass dissected the three primary stablecoin designs—fiat-backed, crypto-backed, and algorithmic—while outlining the complete token lifecycle from fiat deposit and rigorous KYC verification to minting, circulation, redemption, and token burning.
A key focus of the session was the mechanics of peg stability, highlighting the vital roles of 1:1 reserves, high-quality collateral, and market arbitrage in maintaining a token's anchored value. Addressing industry vulnerabilities, Mr. Alheddi examined historical case studies of broken pegs across various token models, illustrating how failures in reserve backing, liquidity, or market confidence can disrupt stability.
Crucially, the lecture culminated in a showcase of AX Coin's own AXBHD token as a model for industry best practices. Mr. Alheddi outlined AXBHD's robust framework, which guarantees 100% reserve backing by cash and low-risk securities, segregated trust structures, and published monthly independent audits. He further emphasized that AXBHD grants holders a legal right to redeem at par and operates under the rigorous oversight of the Central Bank of Bahrain (CBB), alongside full Shari'a certification.
This masterclass not only provided participants with an opportunity to gain deep insights into the core components of cryptocurrency but also further solidified AX Coin's position as a driving force in fintech and digital asset education. The event received an enthusiastic response from attendees, who eagerly anticipate more sharing sessions from AX Coin in the future.
About SOLOWIN HOLDINGS
SOLOWIN HOLDINGS (Nasdaq: AXG) is a leading global regulated fintech company. Established in 2016, AXG combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform.
Guided by the mission “Mobilizing Tokens 24/7”, the Company operates two core business pillars: Digital Asset Tokens and AI Tokens. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router.
Through its integrated ecosystem, including AX COIN, AX ONE, FERION, SOLOMON, AGENTX, and KOVAR, AXG empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy.
For more information, visit www.alloyx.com and follow us on LinkedIn at AXG (Solowin Holdings).
About AX Coin
AX Coin Bahrain BSC Closed (AX Coin), a key subsidiary of SOLOWIN HOLDINGS (Nasdaq: AXG), has secured a Stablecoin Issuer license from the Central Bank of Bahrain. As the world's first Sharia-compliant stablecoin, AX Coin aims to build a global digital currency infrastructure to serve the $6 trillion Islamic finance market.