Xu Zhengyu: Hong Kong's stablecoin is a delivery tool and there is no opportunity for speculation
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最新报道：According to Bijie.com, Hong Kong Financial Services and the Treasury Secretary Paul Chan stated that stablecoins are positioned as payment tools, a reflection of legal tender, and lack the potential for speculation. The use of stablecoins is expected to reduce cross-border payment costs from 3% to 1%, improving efficiency. The government is planning to develop Hong Kong into an international gold trading center, promoting the development of warehousing and transaction settlement facilities. The Connectivity Mechanism will expand its scope and promote the inclusion of real estate investment trusts, but system upgrades still require discussions with mainland China.
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