Circle has no plans for the issuance of stablecoin in Hong Kong dollars.

robot
Abstract generation in progress

According to Aastocks, Chen Qinqi, Vice President of Circle for the Asia-Pacific region, the issuer of the USDC stablecoin, stated that under the current framework, professional investors in Hong Kong are still allowed to use USDC and are not regulated. Circle has no plans to issue stablecoins in local currency. The company primarily issues two types of stablecoins, specifically the USDC stablecoin (dollar Mỹ) and the EURC stablecoin (euro). However, Circle is open to future collaboration on a Hong Kong dollar stablecoin and has negotiated with several companies. The company looks forward to seeing a Hong Kong dollar stablecoin and other stablecoins issued in Hong Kong.

USDC-0.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)