"Caijing" magazine published an article "Hong Kong's beachfront digital assets: stablecoins, RWA, and digital RMB", which pointed out that in addition to stablecoins, Hong Kong is also conducting a variety of digital currency experiments, namely the digital currency bridge project jointly led by the Hong Kong Monetary Authority and other central banks and tokenized deposits issued by banks. Many market participants said that this may form a "competing pattern" to a certain extent. Qiu Dagan, a m...