【US Dollar Stablecoin USDC Issuer Circle Co-founder: Intends to Establish Business in Hong Kong and Consider Applying for License】According to Golden Finance, as reported by local media, Hong Kong plans to submit a regulatory framework for stablecoin issuers to the Legislative Council within this year. Jeremy Allaire, co-founder and CEO of Circle, the issuer of the world's second-largest stablecoin USDC, stated that Hong Kong is an important market for USDC, and they intend to hire more employees and establish business in Hong Kong, pending the introduction of new stablecoin regulations in the region, after which they will consider applying for a license. Additionally, Circle's Vice President for Asia Pacific, Chen Qinqi, indicated that Hong Kong has significant advantages in developing stablecoins, including the ability to settle US dollars on the same day, being the largest capital market in the Asia Pacific region, and supported by the mainland market. He believes that Hong Kong has the opportunity to develop into an international stablecoin center and is confident that there will be considerable market demand for a Hong Kong version of stablecoin.

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