#稳定币市场发展 #The central bank's first definition of stablecoins indeed surprised me a bit. It seems that regulatory attitudes towards cryptocurrencies are becoming clearer. Although the crackdown on stablecoin speculation on the mainland will intensify, Hong Kong's layout appears unaffected. This actually gives us new ideas. Perhaps we can focus on projects developing stablecoin businesses in Hong Kong, especially those focusing on cross-border payments and supply chain finance applications. However, caution is still necessary, as the regulatory environment changes rapidly. I will continue to closely monitor relevant developments, adjust strategies in a timely manner, and strive to find a balance between risks and opportunities.