Wu said that according to a report, Circle co-founder and CEO Jeremy Allaire stated that Hong Kong is an important market for USDC, and the company intends to hire more employees and establish operations in Hong Kong. They are currently waiting for the new stablecoin regulations in Hong Kong to be released, and will consider applying for a license once they understand the regulations. Additionally, Circle's Vice President for the Asia-Pacific region, Chen Qinqi, mentioned that Hong Kong has significant advantages in developing stablecoins, including the ability to conduct same-day USD settlements, and it is the largest capital market in the Asia-Pacific region. He believes that there will be considerable market demand for the Hong Kong version of stablecoins.

USDC

According to reports, Jeremy Allaire, co-founder and CEO of stablecoin issuer Circle, stated that Hong Kong is an important market for USDC. The company intends to hire more employees and establish operations in Hong Kong. They are currently awaiting the introduction of new stablecoin regulations in Hong Kong and will consider applying for a license after understanding the regulations. Additionally, Chen Qinqi, Vice President of Circle Asia Pacific, mentioned that Hong Kong has significant advantages in developing stablecoins, including the ability to achieve same-day USD settlements and being the largest capital market in the Asia-Pacific region. He believes that there will be considerable market demand for Hong Kong's version of stablecoin.

Circle co-founder: Intends to hire more employees and establish business in Hong Kong