According to Odaily Planet Daily, Caijing magazine published an article titled "Hong Kong Seizes the Digital Asset Market: Stablecoins, RWAs, and Digital RMB: Multiple Competition and Cooperation." The article noted that in addition to stablecoins, Hong Kong is also conducting various digital currency experiments, including the Digital Currency Bridge project jointly led by the Hong Kong Monetary Authority and other central banks, and tokenized deposits issued by banks. Many market participants believe this may form a "competitive cooperation" situation to a certain extent. In an interview, Hong Kong Special Administrative Region Legislative Council member Dagen Chiu stated that Hong Kong regulators provide clear oversight and tracking processes, allowing people to understand the issuance volume of stablecoins and the status of users' bank accounts. Commodities are also seen as an important application scenario for stablecoins.