Yita Logistics announced the application for a Hong Kong stablecoin license, planning to launch a Hong Kong Dollar stablecoin and a Bitcoin-pegged Token RBTC.

2025-06-16 11:54:28

[Chain News] On June 16, it was reported that U.S. publicly listed company Yuta Logistics Technology Holdings announced that it is actively researching relevant regulatory details and plans to apply for a stablecoin issuance license after the Hong Kong stablecoin regulations come into effect. The company plans to launch its own stablecoin “RHKD” and also plans to issue a digital token “RBTC”, which will be anchored to Bitcoin as the underlying asset. Customers can exchange “RBTC” using Hong Kong dollars or U.S. dollars. The company stated that it has officially launched a $1.5 billion Bitcoin acquisition plan and will use the company’s common stock as a payment method. According to the Bitcoin reserve strategy, the group is planning to issue a digital token anchored to Bitcoin - “RBTC”. The company expects that the token will be supported by 100% Bitcoin reserves, achieving a 1:1 Bitcoin exchange.

BTC3.6%

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