Gate News bot message, according to an analysis report by OKG Research, Hong Kong and the United States show different policy directions in stablecoin regulatory systems. The regulatory policy in the United States focuses on maintaining the dominance of the US dollar, positioning stablecoins as an extension of on-chain dollars.
Hong Kong’s regulatory framework provides a landing space for global Web3 projects while ensuring financial stability. The policy design retains considerable flexibility and is committed to building a compliant innovation testing ground in the Asia-Pacific region.
With the support of the infrastructure for compliant stablecoins, the application scenarios of stablecoins have expanded to multiple fields such as RWA asset trading, on-chain payroll distribution, cross-border settlement, and Web3 payments.
Source: OKG Research
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