【Hong Kong Secretary for Financial Services and the Treasury Christopher Hui: The positioning of stablecoins in Hong Kong is clear and there are no opportunities for speculation】 Golden Finance reports that Hong Kong Secretary for Financial Services and the Treasury Christopher Hui stated that the positioning of stablecoins in Hong Kong is clear, serving as a means of payment and another form of fiat currency, with no opportunities for speculation, urging the public to exercise caution. He mentioned that payment through the banking system could incur costs of up to 3%, while the cost of using stablecoins is expected to be as low as 1%, which can reduce cross-border payment costs and enhance economic operational efficiency.