🇭🇰Hong Kong’s Stablecoin Rush Begins.

đŸ§ŸHK’s new Stablecoin Bill drops Aug 1 — and over 40 firms are already lining up for licenses.

🏩Big names like JD.com, Ant Group, Circle & Standard Chartered want in.

📋Most applicants are mainland giants — smaller players? Just chasing clout, according to Cobo’s Alex Zuo.

🧠Real players are hiring blockchain devs & compliance leads, prepping infra for issuance, wallets & fiat rails.

😙Some are building, some are just vibing for headlines — and HK’s about to separate the two.

📅Mark it: Aug 1 could be a turning point for Asia’s stablecoin game.

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