Xiao Feng: Hong Kong Stablecoin License Will Not Be Limited to HKD Stablecoins, Network Deployment Can Be Decided by the Issuer

BlockBeats News, on June 24th, Xiao Feng, Chairman of HashKey Group, recently stated in an interview with BlockBeats that after the approval and issuance of the stablecoin license in Hong Kong, stablecoins of various currencies can be issued, not limited to just the Hong Kong dollar stablecoin.

At the same time, the blockchain network required for the issuance of stablecoins will be determined by the issuer, meaning it can be the Ethereum, Solana, or other networks, or even a privately operated blockchain network.