BlockBeats news, on August 26, according to Hong Kong's Ta Kung Pao, National Committee of the Chinese People's Political Consultative Conference Standing Committee member Yao Zhisheng published an article (focusing on three major themes to promote high-quality development in Hong Kong), which pointed out that stablecoins anchored to fiat currencies possess the openness, transparency, decentralization, and globalization attributes afforded by blockchain technology and distributed ledgers, while also having the characteristic of stable value associated with fiat currencies. As an international financial center and the world's largest offshore RMB business center, Hong Kong should leverage the advantages of 'one country, two systems' to seize the high ground in the development of stablecoins, striving to build itself into a global stablecoin issuance center and strengthen Hong Kong's role as a 'digital financial hub.'