Wu Shuo learned that according to 21st Century Business Herald, Liu Yu, CEO of Yuan Coin Technology, stated that the company has had in-depth communication with the Hong Kong Monetary Authority over the past year regarding regulatory requirements, and will take the lead in deploying stablecoin business in three major scenarios: cross-border trade payments, Hong Kong virtual asset exchange, and real-world asset tokenization (RWA). In the first phase, Yuan Coin will mainly promote Hong Kong dollar stablecoins, and in the future, it will consider issuing multi currency stablecoins and expand its layout in the RWA field. Previously, Yuan Coin Technology was selected as one of the first three stablecoin issuers by the Hong Kong Monetary Authority. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44346