Deep Tide TechFlow news, on July 3rd, according to the Securities Times, Mr. Gan Tian, CEO of Huaxia Fund (Hong Kong), stated that the stablecoin business is currently at a critical stage of transitioning from policy implementation to scenario pilot testing, having reached a tipping point where 'basic rules are set, and application scenarios are about to explode.' He believes that Hong Kong's Web3 ecosystem is welcoming new development opportunities, demonstrating strong growth momentum and driving the local ecosystem towards sustainable development. Gan revealed that Huaxia Fund is also participating in the stablecoin sandbox testing initiated by the Hong Kong Monetary Authority, exploring integrated applications of payment + redemption + asset management. He pointed out that in the future, whoever can first establish a closed loop of 'compliance + implementation + asset connection' will have the opportunity to become a market leader. Regarding the policy declaration 2.0 released by Hong Kong, Gan commented that it shows a deeper development vision, and this gradual, systematic development strategy will significantly enhance market operation quality and promote business innovation and market participation. He further analyzed that Web 3.0 technology is driving the full tokenization of financial assets, and stablecoins, with their efficient and low-cost cross-border payment advantages, have widely penetrated developing countries, with trading volumes even surpassing some sovereign currency systems. Gan predicts that in the future, the global currency system may converge towards a few mainstream stablecoins, and Hong Kong's practices not only provide a new path for the internationalization of the Renminbi but may also reshape the underlying logic of international financial infrastructure.