[Paul Chan: Stablecoin Licensing Strategy is 'Small Steps, Quick Progress'; Stablecoins are Payment Tools, Not Investment Tools] Foresight News reports, according to Aastocks Financial News, Hong Kong Financial Secretary Paul Chan stated that the licensing strategy adopted by authorities is 'small steps, quick progress.' Initially, only a limited number of licenses will be issued, requiring practical application scenarios. After launch, experiences will be summarized before issuing the second batch. Stablecoins and digital assets are financial innovations that need encouragement to achieve breakthroughs, but at the same time, safety must be ensured, with mechanisms in place to prevent money laundering, thus requiring appropriate regulation. The advantage of stablecoins lies in decentralization and high efficiency, but they are merely payment tools, not investment tools.