Analysis indicates that the application for stablecoin licenses in Hong Kong has exceeded expectations, which may drive the Monetary Authority to issue more in the future.

2025-09-03 05:22:19

Odaily News The head of the Greater Bay Area Development Research at the Unity Hong Kong Fund, Mai Yingcong, stated in an interview with Hong Kong Radio that the regulation and policy direction of stablecoins in Hong Kong is clear, attracting a large amount of institutional follow, with the intention of license applications far exceeding expectations. He pointed out that large technology companies may prefer to use stablecoins in payment scenarios, while Financial Institutions may apply them more in cross-border Settlement. If the first batch of licensed institutions operates smoothly, the Hong Kong Monetary Authority may consider issuing additional licenses in the future. (Aastocks)

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