On June 16, the Financial Secretary strongly advocated for stablecoins, stating that amid the digital asset boom, the demand for stablecoins is skyrocketing! They can facilitate payments across time and regions and leverage programmable features for financial innovation, all managed automatically and intelligently! Market players are eagerly preparing, and Hong Kong's 'Stablecoin Regulation' will take effect on August 1, with the Hong Kong Monetary Authority (HKMA) rapidly issuing licenses, allowing compliant players to take off directly!

Rumor has it that a certain internet giant has already set its sights on the first wave! Want to reap the benefits? Keep an eye on Meme coins and Bitcoin, as Hong Kong is set to become a new track for stablecoins!