According to Deep Tide TechFlow, the Hong Kong (Stablecoin Regulation) took effect on August 1. The Hong Kong government plans to require taxis to provide at least two alternative payment methods to cash starting from April 1, 2026. With the reform of the stablecoin market, Hong Kong may explore the application scenarios of stablecoins in the taxi market. Issuers should promote Hong Kong dollar stablecoins in the taxi market to consolidate Hong Kong's position as the cryptocurrency capital of Asia. Similar pilot programs in Abu Dhabi, Middle East, have proven their feasibility.