According to Sing Tao Headlines, the list of the first batch of licensed stablecoin issuers in Hong Kong may be announced this month. Sources say that Standard Chartered Bank, HSBC, and licensed virtual asset trading platform OSL are shortlisted for the first batch, with an announcement possibly as early as next week, though the list remains subject to change. Previously, about five candidate institutions were considered, but the final number may be reduced to three, with regulators likely to prioritize banking institutions to ensure stability and market confidence. There are no rumors of mainland Chinese institutions making the list, and organizations like Yuanbi Technology and Lianlian Digital may not be included in the first batch. The Hong Kong Monetary Authority stated that it does not comment on market rumors.