According to Deep Tide TechFlow news on July 8, reported by Beijing Business Daily, Wang Hongying, director of the Financial Derivatives Investment Research Institute of China (Hong Kong), pointed out that the recent rise in Hong Kong-listed stablecoin concept stocks is mainly driven by two factors: first, multiple overseas markets, including Hong Kong, have introduced regulations related to stablecoins, providing a legal basis for market development; second, stablecoins, as global digital economy innovative data assets, are based on stable cash flow, sound operations, and the binding of blockchain encryption technology, making corporate assets globally tradable and priceable.
Wang Hongying further stated that the world economy will face an explosive trend in data assets, and virtual assets represented by stablecoins are in line with this trend, with the global trading scale expected to further expand. Securities firms applying for virtual asset trading licenses can enhance the valuation, pricing, and trading of virtual assets such as stablecoins against the backdrop of digital economic development, thereby bringing about increases in business and scale.