Wu said that, according to information, Hong Kong Legislative Council member Wu Jiezhuang expressed on X that the recent stablecoin issue has attracted significant attention from institutions and stakeholders in Hong Kong and globally. The Hong Kong Monetary Authority (HKMA) has responded to related issues. The HKMA reminds citizens and institutions to verify whether the promotional content is issued by the HKMA to avoid being misled by the improper use of logos; and has addressed market concerns regarding whether local offline digital asset exchange stores can continue to sell specific stablecoins. Wu Jiezhuang cautions that stablecoins are important tools for Web3 and financial innovation, but one must be vigilant against criminals using this to commit fraud.