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Hong Kong-Backed Stablecoin Imminent? Crypto Advocates Urge Government To Launch Own Coin To Challenge USDC, USDT

Crypto enthusiasts believe that having a local stablecoin would help with de-dollarization. ....

Wang Yang , Hong Kong , Wen Yizhou , Meitu Cai Wensheng , Colin Wu , Hong Kong Blockchain Association , Hong Kong Monetary Authority , Hong Kong University Of Science , Hong Kong University , Lei Zhibin , Hong Kong Dollar , Chief Executive Eddie Yue Wai Man , Crypto Tech ,

Hong Kong Is Ready To Challenge USDT And USDC With Its Own Stablecoin, Experts Say

Hong Kong government should consider launching its own stablecoin, the HKDG, backed by its foreign exchange reserves. ....

Wang Yang , Hong Kong , Wen Yizhou , Cai Wensheng , Hong Kong University Vice , Lei Zhibin , Hong Kong Dollar ,

Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin

Wang Yang, Cai Wensheng, Lei Zhibin and Wen Yizhou co-authored a paper arguing the HK government’s plan of encouraging private firms to issue stablecoins was “too conservative.” ....

United States , Wang Yang , Hong Kong , Cai Wensheng , Wu Blockchain Wublockchain , Wen Yizhou , Colin Wu , Hong Kong University Of Science , Hong Kong Blockchain Association , Hong Kong Dollar Government , Hong Kong University , Lei Zhibin , Hong Kong Dollar , Hong Kong Dollar Stablecoin , Vice President ,