According to Foresight News, recently TRON founder Sun Yuchen accepted an exclusive interview with (Asia Weekly), discussing the current situation of Hong Kong's cryptocurrency industry and the development of stablecoins. He stated that Hong Kong should break through traditional models and embrace the new economy. He pointed out that Hong Kong took the lead in establishing stablecoin regulations in sync with the United States and should use this opportunity to further promote the development of the cryptocurrency industry in Hong Kong. Sun Yuchen believes that the 'thirsty' development approach of the Middle East in AI, aerospace, and other new economies is worth learning from, and Hong Kong should actively embrace the new economy.
Recently hot topic of stablecoins, Sun Yuchen believes that Hong Kong, as a 'super connector' between the mainland and the world, can promote cross-border payments and trade settlement through the development of a Hong Kong dollar stablecoin, thereby reshaping its status as a financial center. The circulating supply of USDT on the TRON blockchain has reached $80 billion, accounting for more than half of the global USDT supply, and its experience can serve as a reference for Hong Kong's development of stablecoins.
