According to ChainCatcher, as reported by (Hong Kong Wen Wei Po), the US-listed company Yutai Logistics Technology Holdings announced that it is actively researching relevant regulatory details and plans to apply for a stablecoin issuance license after the Hong Kong stablecoin regulations come into effect. The company plans to launch its own stablecoin 'RHKD', and also plans to issue a digital token 'RBTC', which will be anchored to Bitcoin as the underlying asset. Customers can exchange 'RBTC' using Hong Kong dollars or US dollars.
The company stated that it has officially launched a Bitcoin acquisition plan of up to $1.5 billion (approximately HKD 11.77 billion), and will use the company's common stock as the payment method. According to the Bitcoin reserve strategy, the group is planning to issue a digital token anchored to Bitcoin - 'RBTC'. The company expects that this token will be backed by 100% Bitcoin reserves, achieving a 1:1 Bitcoin exchange.
