The legislative progress of stablecoins in China and the United States is accelerating, with a flurry of positive signals being released!
The Hong Kong 'Stablecoin Regulation' will officially take effect on August 1, and among the first batch of applicants are giants like Alibaba and JD.com — this is no longer just a commercial act, but a strategic deployment at the national level.
Using the Hong Kong dollar as a pilot, it can seamlessly connect to the RMB system at any time in the future, which is of great significance.
Stablecoin = Sovereign currency + Cryptographic technology, this formula is becoming increasingly clear.
On one side, policy is accelerating, and on the other, market expectations are heating up,
Q4 of this year could really welcome a super market trend.
A bull market is quietly building momentum…🐂🚀