Justin Sun published an article in the Hong Kong Commercial Daily: Hong Kong's Web3 vision is gradually emerging, and stablecoins and RWA are key breakthroughs

Recently, TRON founder Justin Sun published a signed article in the "Commentary" column of the Hong Kong Commercial Daily, titled "[Expert Advice] Hong Kong's Exciting Development of Digital Financial Technology." The article, closely aligned with the Hong Kong SAR government's recently released 2025 Policy Address, provides an in-depth analysis of Hong Kong's policy direction in promoting the development of fintech, cryptography, and Web 3, and expresses high recognition and expectations for Hong Kong's strategic position in the global digital financial landscape.

The core points of the article mainly include three aspects:

1. The Policy Address clearly states Hong Kong’s determination and initiatives to develop Web 3

In his article, Justin Sun noted that the Hong Kong Policy Address, encompassing initiatives such as the development of new financial market infrastructure, the diversification of cryptoasset investment products, the regulation of stablecoins, and the solicitation of proposals for a "Cryptoasset Reporting Framework," comprehensively demonstrates the Hong Kong government's clear vision and unwavering resolve to establish Hong Kong as a "global Web 3 hub." He believes this demonstrates Hong Kong's strong recognition of the potential of crypto technology and digital financial innovation, and provides a positive signal for Chinese practitioners and industry participants.

2. Stablecoins and RWA are considered to be the two key breakthroughs for the development of Web 3 in Hong Kong

The article further notes that the Policy Address highlights two key applications of crypto technology: stablecoins and RWAs (tokenized real-world assets), demonstrating that Hong Kong has found a breakthrough in adopting crypto. Sun Yuchen analyzes that stablecoins, as a digital payment method, can seamlessly connect traditional finance with decentralized finance (DeFi), improving payment efficiency. RWAs, on the other hand, tokenize real-world assets such as real estate, bonds, and art, unlocking enormous liquidity potential. The combination of these two approaches will not only promote the implementation of crypto technology in the real economy but also enhance Hong Kong's competitiveness in the global financial market.

3. Outlook for the Future of Web 3 Development in Hong Kong

Sun Yuchen highlighted the passage of the Stablecoin Bill this year, making Hong Kong the first region in the world to establish a comprehensive stablecoin regulatory framework. He further analyzed the potential of the dual-currency model of "Hong Kong dollar stablecoin + offshore RMB stablecoin," believing that this innovative model would not only consolidate Hong Kong's position as a financial center but also become a key driver of RMB internationalization, significantly reducing cross-border settlement costs, improving transaction efficiency, and creating new growth points for Hong Kong's financial innovation.

As a leading figure in the global blockchain industry, Justin Sun's contribution to the Hong Kong Commercial Daily's "Commentary" column is of great significance. It not only reflects Hong Kong's openness to the Web 3 space but also conveys the industry's shared expectation that Hong Kong will build a robust and innovative digital financial system.

Justin Sun's insights, combining macro-industry perspectives with practical insights from the front lines, provide valuable industry insights for Hong Kong's Web 3 strategy. His signed article in the Hong Kong Commercial Daily also signals the further mainstream integration of Web 3 and digital finance concepts. This industry-led practical experience and insights will provide valuable insights for the Hong Kong government in formulating regulatory policies and developing the crypto industry.