History has proven that once a major Eastern nation identifies the right direction and takes steps, the speed of its progress can be astonishing!

Huaxia Fund Hong Kong: It is recommended to pilot a stablecoin settlement platform in key areas such as the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta.

Zhu Haokang, the current head of digital asset management and family wealth management at Huaxia Fund (Hong Kong), stated that a blockchain-based stablecoin settlement platform can be piloted in key areas such as the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta, supporting Hong Kong dollar and Renminbi stablecoin payments to achieve instant settlement and reduce intermediary links. The pilot scope should prioritize covering state-owned enterprises involved in cross-border e-commerce, supply chain companies, and bulk commodity trade, setting an annual total quota (e.g., 50 billion Renminbi) and a single enterprise limit to ensure controllable risks. Provide policy incentives such as fee reductions, tax benefits, and launch training programs to help companies become familiar with the processes.