According to Odaily Planet Daily, Mak Wing-chung, Head of Greater Bay Area Development Research at the Unity Hong Kong Foundation, stated in an interview with RTHK that Hong Kong's clear regulatory and policy direction for stablecoins has attracted significant institutional interest, with license application interest exceeding expectations. He noted that large tech companies may be inclined to use stablecoins for payment purposes, while traditional financial institutions may use them more for cross-border settlement. If the first batch of licensed institutions operates smoothly, the Hong Kong Monetary Authority may consider issuing additional licenses in the future. (Aastocks)