Xu Zhengyu: Hong Kong regulations do not rule out the possibility of a stablecoin pegged to the RMB
2025-06-20 02:26:57
Asked whether a stablecoin could be pegged to the renminbi, Xu Zhengyu, Hong Kong's secretary for financial services and the treasury, who was attending the Lujiazui Forum in Shanghai, pointed out that from the perspective of Hong Kong regulations, this possibility is not ruled out. It is legally allowed to use different fiat currencies as the underlying benchmark of stablecoins, but pegging to the renminbi must take into account the country's exchange rate and monetary policy, and the risks and pros and cons need to be comprehensively weighed.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
许正宇：香港法规不排除稳定币挂钩人民币的可能性Next article：
Tether CEO ：Tether 团队正在开发一款名为 PearPass 的开源密码管理器
