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Circle has no plans to issue local stablecoins in Hong Kong
Chen Qinqi, vice president of USDC issuer Circle Asia Pacific, said that Circle currently has no plans to issue Hong Kong-denominated stablecoins, mainly issuing two products: US dollar stablecoin USDC and euro stablecoin EURC. In terms of its presence in Asia, Circle has been granted a major payment institution license in Singapore, allowing professional investors to obtain USDC directly from Circle. In Japan, USDC is the first stablecoin that the regulator allows licensees to offer to the publ...
2025-10-13 03:28:55
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