🚨🚨 To keep an eye on!! 👀👀

📢 New Proposal: Hong Kong should consider issuing its own stablecoin, the Hong Kong Digital Coin (HKDG), pegged to the Hong Kong Dollar, in order to compete with USDT/USDC and strengthen its position in the digital asset market. This proposal comes from influential figures in Hong Kong, including the Vice President of Hong Kong University of Science and Technology and the Chairman of Meitu. They believe that HKDG would not only enhance transaction efficiency and reduce costs but also contribute to the development of Hong Kong's digital economy. By providing a government-backed stablecoin, Hong Kong aims to promote financial innovation, increase liquidity, and attract more blockchain-related enterprises to the region. This proposal highlights the need for Hong Kong to take a more proactive approach in the digital asset space. #HongKong #Stablecoin #DigitalEconomy

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