Techub News reports that Tian Sheng Capital plans to apply for a Hong Kong stablecoin license by establishing a digital asset trading and settlement company. They intend to use their stablecoin as a digital currency for art trading and settlement, promoting art and cultural relic transactions from various countries in Hong Kong. Tian Sheng Capital hopes to use the Hong Kong stablecoin platform as a compliant digital payment solution, focusing on cross-border trade settlement services.