#稳定币应用与监管# The launch of the stablecoin policy in Hong Kong is indeed an exciting piece of news! This marks an important step forward in the application of Web3 in the financial sector. I believe that the introduction of this policy will provide a clear regulatory framework for the development of stablecoins, which is beneficial for attracting more institutions to participate and driving innovation. Notably, Hong Kong allows the issuance of stablecoins pegged to different fiat currencies, which provides new possibilities for the internationalization of the Renminbi. However, the policy also sets a high threshold for entry, indicating that regulators pay great attention to risk control while encouraging innovation. In the future, we may see more high-quality stablecoin projects landing in Hong Kong, bringing new opportunities to areas such as cross-border payments and asset tokenization. As a Web3 enthusiast, I am looking forward to this and believe it will be an important milestone in driving the development of the entire industry!