The stablecoin market cap has now exceeded 250 billion USD, reflecting strong growth and interest. Hong Kong’s new regulations aim to ensure issuers maintain high-quality liquid asset reserves, improving financial stability and attracting more firms to the sector.
Hong Kong’s new framework could serve as a global model, encouraging cross-border payments and aiding local SMEs, with prominent companies lining up for stablecoin licenses, signaling the city’s leadership in the digital asset landscape.
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