Hong Kong's Octopus Card will partner with a blockchain platform to launch a Stablecoin Accelerator Program, participating as an advisor

BlockBeats News, July 11th, according to The Standard, digital asset technology company IDA Love announced earlier that it will collaborate with accelerator program institution Brinc, Octopus Holdings, and blockchain platform XDC to launch a stablecoin accelerator program.

Octopus Holdings clarified that, to promote the future development of Hong Kong's fintech, Octopus, in an advisory capacity, supports a concept exploration accelerator program led by Brinc aimed at exploring a new generation of Web3 customer loyalty solutions. The program is purely exploratory in nature, not a stablecoin product development project, and does not constitute a formal partnership.