Deep Tide TechFlow News, on July 14, according to Sina Finance, Tianyang Technology (stock code 300872) stated in institutional research that institutions such as JD.com and Ant Group have participated in the Hong Kong dollar stablecoin pilot. They are still adopting an open ecosystem strategy and hope to have more partners join in. Additionally, the circulation of the stablecoin outside its own ecosystem still requires third-party institutions to provide infrastructure support, and there are clear cooperation opportunities for U Card in the circulation process. Currently, the company has entered the later cooperation stage with a Hong Kong dollar stablecoin issuing institution.