🚀 **Crypto News Flash: Stablecoins to Power Hong Kong Trade! 🚀**
- Jeremy Allaire, CEO of Circle, predicts stablecoins will revolutionize Hong Kong's trade settlements as the region embraces Web3.
- Circle's USDC aims to make transactions faster and cheaper for markets trading through Hong Kong.
- At Hong Kong FinTech Week 2024, Allaire highlighted partnerships with Hong Kong Telecom and Thunes for cross-border transactions.
- Hong Kong Monetary Authority to introduce a stablecoin regulatory framework by 2025.
- First Digital Trust expands its stablecoin FDUSD to Solana.
💬 What do you think about stablecoins in trade? Share your thoughts below!