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Xiao Feng: The Hong Kong stablecoin license will not be limited to HKD stablecoins, and the network deployment can be decided by the issuer.
On June 24, CEX Group Chairman Xiaofeng recently stated in an interview with Rhythm BlockBeats that after the approval and issuance of the stablecoin license application in Hong Kong, various types of stablecoins can be issued, not limited to Hong Kong dollar stablecoins. The blockchain network required for the deployment of the stablecoins will be determined by the issuer, meaning it can be networks like Ethereum, Solana, or a self-operated blockchain network.