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Guojin Securities: Sandbox testing companies such as Ant are more likely to be the first to obtain stablecoin licenses

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2025-07-18 05:56:08
State Gold Securities released a stablecoin report saying that the sandbox of Hong Kong stablecoin issuers has been launched for more than a year, and single-digit licenses are expected to be launched within the year. It is expected that sandbox testing companies and companies with scenarios such as ants will be the first to obtain licenses.
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