What did I say? It turns out we need to establish a national-level alliance chain.

Just call it digital Hong Kong dollars, it's fine, don't call it a stablecoin.
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​Users can only hold Hong Kong dollar stablecoins after completing KYC identity verification, which means that if I want to trade Hong Kong dollar stablecoins, I can only buy and sell them on a centralized exchange where I have completed KYC identity verification.
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​If someone wants to transfer Hong Kong dollar stablecoins to me, they cannot transfer them on-chain to my Metamask wallet because that wallet has not completed KYC.
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​They can only transfer to my exchange account where I have completed KYC identity verification.

​With such Hong Kong dollar stablecoins, how can they be used? Who will use them?

It would be better to launch a dedicated alliance chain for Hong Kong dollars, where everyone must complete KYC to trade on this public chain.

#港币稳定币