Wu Blockchain (@WuBlockchain): Paul Chan: HK's First Two Stablecoin Licenses are Just the Beginning

Paul Chan: HK's First Two Stablecoin Licenses are Just the Beginning Paul Chan Mo-po stated that Hong Kong remains fully open to Web3 firms, emphasizing that the true value of blockchain and digital assets lies in solving real-world problems. Following the recent issuance of two stablecoin licenses, he highlighted their significant potential to streamline cross-border payments. Having already issued over $2 billion in tokenized bonds, the city is now forming a dedicated committee to explore the synergy between Web3 and AI.