Quant (@quantnetwork): Hong Kong Financial Secretary Paul Chan announced the city will issue its first #stablecoin licences in March 2026.
Estimated coin impact
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Hong Kong Financial Secretary Paul Chan announced the city will issue its first #stablecoin licences in March 2026. The headline focused on stablecoins, but the real story is what #HongKong is building underneath: a three-layer #digitalmoney architecture that mirrors an identical pattern emerging across every major financial centre. This isn’t just about Hong Kong. It’s about infrastructure fragmentation becoming a global problem whilst everyone builds the same thing. Discover why #tokenisation success depends on horizontal infrastructure that works across all platforms: https://quant.network/perspectives/hong-kongs-digital-money-stack-signals-global-convergence/