Shares in RC365 Holding PLC (LSE:RCGH) fell 18% on Friday after the company issued a clarification statement addressing recent investor speculation.
The drop rolled back some of the gains made earlier in the week, though the stock remains up 14% over the last five trading days.
The payment solutions and fintech group confirmed that supporting digital assets, including stablecoins, has long been part of its asset-backed card strategy and does not represent a change in direction.
RC365 said this activity had already been disclosed in previous communications and its published accounts, and emphasised that the use of stablecoins is just one category within a broader set of eligible collateral types.
The company also underlined that it continues to operate within its established regulatory and licensing framework, including the use of third-party trust structures to ensure compliance.
RC365 stated there is no unpublished price-sensitive information requiring disclosure and reiterated its commitment to open communication with the market.
The shares fell 0.22p to 1.03p.