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Circle: No Plans to Issue Hong Kong Dollar Stablecoin, But Open to Collaboration
Summary: According to reports, Circle's Vice President for Asia Pacific, Chen Qinqi, stated that professional investors in Hong Kong can currently use USDC within existing frameworks without additional regulation. The company has no plans to issue a Hong Kong dollar stablecoin at this time, focusing instead on the US dollar stablecoin USDC and the Euro stablecoin ...
According to reports, Circle's Vice President for Asia Pacific, Chen Qinqi, stated that professional investors in Hong Kong can currently use USDC within existing frameworks without additional regulation. The company has no plans to issue a Hong Kong dollar stablecoin at this time, focusing instead on the US dollar stablecoin USDC and the Euro stablecoin EURC. Chen Qinqi also mentioned that Circle remains open to collaboration regarding Hong Kong dollar stablecoins, having engaged in discussions with multiple institutions and looking forward to the launch of the Hong Kong dollar and other stablecoins in the Hong Kong market. (Aastocks)
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Link: Circle: No Plans to Issue Hong Kong Dollar Stablecoin, But Open to Collaboration [Copy]
