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Xiao Feng: Hong Kong's stablecoin license will not be limited to HKD stablecoins, and the deployment network can be determined by the issuer.

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ForesightNews
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Jun 24, 2025

According to律动 BlockBeats, HashKey Group Chairman Xiao Feng stated in an interview that after Hong Kong's stablecoin license application is approved and issued, stablecoins of various currencies can be issued, not just Hong Kong dollar stablecoins. The blockchain network required for the deployment of the issued stablecoins will be determined by the issuer, meaning it can be Ethereum, Solana, or a self-operated blockchain network. [Foresight News]

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