Huaxia Fund (Hong Kong) CEO: Stablecoin at Inflection Point, Hong Kong Web3 Ecosystem Ushers in Golden Development Period
BlockBeats News, July 3rd. According to Securities Times, Gan Tian, CEO of Huaxia Fund (Hong Kong), stated that the stablecoin business is currently at a key stage of transitioning from policy implementation to scene experimentation, entering a critical point where "basic rules are established, and application scenarios are ready to explode." He believes that the Hong Kong Web3 ecosystem is embracing new development opportunities, demonstrating strong growth momentum. Gan Tian revealed that Huaxia Fund is also participating in the stablecoin sandbox testing initiated by the Hong Kong Monetary Authority, exploring an integrated application of payment, subscription and redemption, and asset management. He pointed out that in the future, whoever can first establish a closed loop of "compliance + implementation + asset connection" will have the opportunity to become a market leader.
Regarding Hong Kong's released Policy Manifesto 2.0, Gan Tian praised its demonstration of a deeper development vision, believing that this gradual and systematic development strategy will effectively enhance market operation quality, promote business innovation, and market participation. He further analyzed that Web 3.0 technology is driving the comprehensive tokenization of financial assets. Stablecoins, with their efficient and low-cost cross-border payment advantages, have widely penetrated developing countries, with transaction volumes even surpassing some sovereign currency systems. Gan Tian predicted that in the future, the global monetary system may converge towards a few mainstream stablecoins, and Hong Kong's practice will not only provide a new path for the internationalization of the RMB but also potentially reshape the underlying logic of the international financial infrastructure.
You may also like

Exploring Crypto Wallets with No Minimum Withdrawal
In the crypto realm, users frequently encounter the hurdle of minimum withdrawal thresholds, which can be particularly limiting…

Understanding the Crypto Wallet Finder Bot: A Guide for Crypto Enthusiasts
As the crypto landscape becomes more complex, finding lost wallets can be a daunting task. Many investors have…

Crypto Wallet Finder Software: A Comprehensive Guide
Navigating the complexities of digital finance often leads us down roads paved by forgotten passwords and misplaced keys.…

The Rise of Crypto Wallet Pranks: What You Need to Know
In the dynamic world of cryptocurrency, where transactions and portfolios define wealth for investors, the concept of a…

What is Crypto Wallet Screening and Why Does It Matter?
In the fast-evolving world of cryptocurrencies, ensuring security and compliance has never been more crucial. Crypto wallet screening…
Gainers
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com