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Hong Kong's stablecoin to launch this year; Anchor Technology expects a pilot program in the middle of the year, while HSBC plans to launch in the third or fourth quarter
Svmuu News: When discussing the upcoming arrangements for stablecoin licenses, Hong Kong Monetary Authority Chief Executive Eddie Yue stated that Jingdian Technology is expected to launch a stablecoin in the middle of the year, with a pilot trial to begin in a few weeks; HSBC is expected to launch its stablecoin in the third to fourth quarters of this year. The application scenarios for the stablecoins of Jingdian Technology and HSBC will differ.
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