HashKey Chairman: Stablecoins can enhance financial services in underdeveloped regions, and the central bank's mention of stablecoins is a positive signal.
Powered by ChatGPTXiao Feng, Chairman of HashKey Group, recently gave an interview to a reporter from 21st Century Business Herald. Xiao Feng believes that stablecoins can enhance the accessibility of financial services in underdeveloped regions. This is also why Africa has the largest user base for US dollar stablecoins. In the field of cross-border payments, the traditional "bank + Swift" method may be impacted by stablecoins. Xiao Feng suggests that they should explore new roles and service methods. Furthermore, regarding the recent mention of stablecoins by the central bank, Xiao Feng sees it as a positive signal and recommends a step-by-step, tiered, and regional approach to gradually advance related pilot programs, with Hong Kong serving as a testing ground for the offshore market.