
律动BlockBeats|Aug 26, 2025 04:54
[National Committee Member of the Chinese People's Political Consultative Conference, Yao Zhisheng: Hong Kong Should Strive to Become a Global Stablecoin Issuance Center]
BlockBeats news, August 26, according to a report by Hong Kong Ta Kung Pao, National Committee Member of the Chinese People's Political Consultative Conference, Yao Zhisheng, published an article titled 'Focusing on Three Major Themes to Promote Hong Kong's High-Quality Development,' which pointed out that stablecoins anchored to fiat currencies possess both the openness, transparency, decentralization, and globalization attributes granted by blockchain technology and distributed ledgers to cryptocurrencies, as well as the value stability characteristic of fiat currencies. As an international financial center and the world's largest offshore RMB business hub, Hong Kong should further leverage the advantages of the 'One Country, Two Systems' framework, seize the high ground in stablecoin development, strive to become a global stablecoin issuance center, and strengthen Hong Kong's role as a 'digital financial hub.'
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