Cobo announces strategic partnership with RD Technologies

Cobo announced a strategic partnership with RD Technologies, with Cobo becoming the preferred wallet partner for the Hong Kong Dollar stablecoin HKDR, jointly exploring and promoting the widespread application of HKDR. On July 18, RD Technologies announced that its subsidiary, RD InnoTech Limited, has been included in the Hong Kong Monetary Authority's (HKMA) stablecoin issuer sandbox program. As one of the first entities to join the sandbox, RD Technologies will conduct various use case tests for its proprietary Hong Kong Dollar stablecoin HKDR, such as digital asset trading and cross-border trade payments.