According to Coin World news, Hong Kong stock concept stocks for stablecoins collectively strengthened, with Huajian Medical rising over 30%, Lianyi Technology rising over 8%, Victory Securities up 7.1%, OSL Group up 1.43%, Yaocai Securities up 5.60%, and Alibaba following suit.
U.S. President Trump recently officially signed the (Guidance and Establishment of the American Stablecoin National Innovation Act) (GENIUS Act) at the White House, marking the implementation phase of U.S. stablecoin regulatory legislation. Additionally, on May 30, the Hong Kong (Stablecoin Ordinance) was officially published in the gazette and will take effect on August 1. From an ecological perspective, the stablecoin ecosystem can be specifically divided into three levels: primary market issuance, secondary market circulation, and application scenarios. In terms of individual stocks, Huajian Medical has initiated its application for a U.S. stablecoin license and is actively promoting the Web3 exchange ecosystem; Yunfeng Financial recently announced on the Hong Kong Stock Exchange that it will strategically lay out in Web 3, real-world assets (RWA), digital currency, ESG zero-carbon assets, and artificial intelligence.