According to reports from Ming Pao, Wu learned that Yao Zhisheng, a member of the National Committee of the Chinese People's Political Consultative Conference, stated that the greatest opportunity for Hong Kong to develop stablecoins lies in promoting offshore Renminbi stablecoins rather than Hong Kong dollar stablecoins. He suggested that the Special Administrative Region government seek support from the central government to develop an officially certified Renminbi stablecoin, enhance market confidence, and help Hong Kong become a global hub for stablecoin issuance.

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