Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin

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“Issuing a stablecoin pegged to the Hong Kong dollar not only helps to solidify Hong Kong’s leadership in the blockchain sector but also propels the progress of the digital Hong Kong dollar," said the report.

Source: Cointelegraph.com News

#Business, #HongKong, #Stablecoin, #UsdCoin, #Tether