USDT has facilitated $100 billion in cross-border settlements for the US dollar. Hong Kong can launch a Hong Kong dollar stablecoin to help with the cross-border use of the Renminbi, which is an advantage. By putting stocks and bonds on the blockchain, settlements can be fast and costs low. Let Binance operate in compliance to save costs and access liquidity. Wallets will become as popular as WeChat, and DEXs will replace CEXs. AI will trade with each other, and Hong Kong can become a settlement center for the AI economy. Regulation should not wait for perfection; liquidity needs to be globalized, and not just focus on the mainstream. Leaving the mainland is just a stepping stone; Hong Kong is a new starting point.
