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Huaxia Fund Hong Kong: Exploring Integrated Application of Stablecoins for Payments, Subscription and Redemption, Asset Management

Summary: According to reports, Huaxia Fund (Hong Kong) CEO Gan Tian revealed that multiple institutions are exploring the integrated application of stablecoins for payments, subscription and redemption, and asset management, with Huaxia Fund (Hong Kong) also participating. Currently, the stablecoin business is at a critical point where the basic rules are established but the application scenarios ...

According to reports, Huaxia Fund (Hong Kong) CEO Gan Tian revealed that multiple institutions are exploring the integrated application of stablecoins for payments, subscription and redemption, and asset management, with Huaxia Fund (Hong Kong) also participating. Currently, the stablecoin business is at a critical point where the basic rules are established but the application scenarios are yet to be fully realized. From a technological and pilot progress perspective, stablecoins have moved from concept validation to practical implementation. In the future, the global monetary system may converge towards a few mainstream stablecoins, but this process will rely on strong financial markets and trade scenarios. (Securities Times)

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