Huaxia Fund Hong Kong: is exploring the integrated application of stablecoins in payment, subscription and redemption, and asset management.

According to Mars Finance, Gan Tian, CEO of China Asset Management (Hong Kong), revealed that multiple institutions are exploring the integrated application of payment + redemption + asset management using stablecoins, including China Asset Management (Hong Kong) itself. Currently, the stablecoin business is at a critical point where "basic rules have been established, and application scenarios are poised for explosion." From a technical and pilot progress perspective, stablecoins have moved from concept verification to practical implementation. In the future, the global monetary system may converge towards a few mainstream stablecoins, but this process relies on a strong financial market and trade scenarios. (Securities Times)