During an interview with the Hong Kong Economic Journal, Hong Pi, the chairman of the Hong Kong Financial Development Council, stated that stablecoins should not be used as short-term speculative tools, but rather as part of a long-term strategy, with the key being to promote the digitalization of payment infrastructure and asset markets.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
During an interview with the Hong Kong Economic Journal, Hong Pi, the chairman of the Hong Kong Financial Development Council, stated that stablecoins should not be used as short-term speculative tools, but rather as part of a long-term strategy, with the key being to promote the digitalization of payment infrastructure and asset markets.