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Xiao Feng: Hong Kong's stablecoin license will not be limited to Hong Kong dollar stablecoins, and stablecoins of other currencies can also be issued.

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Odaily
278Words
Jun 23, 2025

Xiao Feng, Chairman of HashKey Group, recently stated in an interview with Rhythm BlockBeats 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. At the same time, the blockchain network required for the deployment of the issued stablecoins will be determined by the issuer, that is: it can be Ethereum, Solana, or other networks, or a self-operated blockchain network. [Odaily星球日报]

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