Blockchain Knowledge: Differences in Stablecoin Issuance between Hong Kong and the United States 2.1/2
Q5 Who can issue Stablecoins? Hong Kong vs. the United States?
The U.S. is more like a "trust-based system" compared to Hong Kong, which is more like a "charter-based system"...
Q6 What are the differences in redemption mechanisms between the two sides?
Hong Kong leans towards retail investor protection, while U.S. law provides some flexibility, such as whether reserves can be re-staked. Overall, the U.S. trusts market self-regulation more, while Hong Kong relies on strong regulatory control.
Q7 Why is it said that Hong Kong is pursuing a B2B breakthrough?
Hong Kong directly targets the B side, addressing significant and painful needs in areas like cross-border trade and supply chain settlement. Stablecoin issuers are all aimed at enterprise scenarios.
Q8 What is the ultimate goal of the United States?
To turn Stablecoins into "digital dollars," making USDC the underlying currency in the digital world.
Q9 Who has better opportunities in the next 3–5 years?
In the short term, the U.S. is leading. In the medium term, Hong Kong may have opportunities to break through in the "non-dollar market." Both paths could succeed.
#稳定币 #区块链 #RWA #Web3 #香港
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