According to news from CoinWorld, Chen Ningdi, Chairman of the Board of Directors of Delin Holdings Group, a Hong Kong asset management and investment service platform, stated in a recent interview that the company will "spare no effort" to apply for a Hong Kong stablecoin license. He also mentioned that "issuing stablecoins is equivalent to having the right to issue currency," thus there are extremely high requirements for risk control, technical security guarantees, and transparency of underlying assets. Once the stablecoin license is approved, Delin Holdings will convert many traditional financial assets into RWA through blockchain technology for buyers. In the future, they may also collaborate with some large banks, such as custodian banks, and seek partnerships with virtual currency exchanges, hoping to become one of the second or third batch of institutions approved for licenses. (Sing Tao Daily)