Wu said that he learned that according to Ming Pao, Hong Kong Secretary for Financial Affairs and the Treasury Hui Ching-yu pointed out in the investment committee interview program that relevant currencies in the market will use US dollars or gold to support their value. The goal is to stabilize prices, but there have been stabilizations in the past. Coins experience price fluctuations or even collapse, and the reserve management of stablecoin issuers will affect price stability and investors’ rights to redeem fiat currencies. Considering these factors, before Hong Kong officially regulates stablecoins, currently...