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Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin

“Issuing a stablecoin pegged to the Hong Kong dollar not only helps to solidify Hong Kong’s leadership in the blockchain sector but also propels the progress of the digital Hong Kong dollar," said the report.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin

“Issuing a stablecoin pegged to the Hong Kong dollar not only helps to solidify Hong Kong’s leadership in the blockchain sector but also propels the progress of the digital Hong Kong dollar," said the report.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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