【Ta Kung Pao: Most of Hong Kong's future RWA transactions will be completed using Compliance Hong Kong Dollar Stable Coin】On August 15, according to Ta Kung Pao, Hong Kong is accelerating the establishment of a regulatory system for Stable Coin issuers and has recently released a summary of public consultations on Stable Coin regulation. The report points out that the next stage of development for Hong Kong and even global Web3.0 is to break the barrier between the virtual and real world, allowing assets and funds to flow freely between the two systems. RWA is an important innovation that breaks through technological barriers and accelerates the integration of virtual and real worlds. In the foreseeable future, most of Hong Kong's RWA transactions will be completed using Compliance Hong Kong Dollar Stable Coin, and will be connected and interoperable with TradFi through Stable Coin. Without a compliant Hong Kong Dollar Stable Coin, the practice of RWA in Hong Kong will face significant challenges in terms of convenience and security. Therefore, the introduction of a Stable Coin regulatory framework may lay the foundation for the innovative development of Hong Kong's RWA ecosystem, and with the prosperity of the RWA ecosystem, the role and value of the Hong Kong Dollar Stable Coin as the external connection bridge for Hong Kong Web3.0 will become more prominent.