🇭🇰The healthy market correction of #Stablecoins in Hong Kong

The stocks of stablecoin companies in Hong Kong have fallen drastically. This comes after the implementation of new and strict regulations.

Experts see this decline as a healthy market correction. The rules require more capital and reserves, filtering out the less prepared companies and reducing speculation.

In the long term, this is expected to strengthen the market and position Hong Kong as a trusted digital hub.