Hong Kong's stablecoin bill passed, HashKey Chain announces full support for the development of Hong Kong dollar stablecoins and on chain RWA

According to HashKey's official announcement, the Hong Kong Legislative Council has passed the third reading of the "Stablecoins Bill", marking the official entry of global stablecoin regulation into a new era in Hong Kong. As the preferred public chain for finance and RWA assets, HashKey Chain responded immediately and announced that it will provide full stack support for Hong Kong dollar stablecoins and RWA projects that can be used as its reserve assets, accelerating the construction of on chain infrastructure for stablecoin issuance, circulation, and management. HashKey Chain states that stablecoins will become the core hub of the on chain financial system and a key starting point for promoting the integration of on chain value circulation and traditional finance. HashKey Chain is ready and will fully support the issuance and implementation of local stablecoins in Hong Kong within a secure and efficient technological framework. At the same time, HashKey Chain announced the upcoming launch of a wear-resistant, 1:1 on chain stablecoin swap tool, which provides an underlying acceleration engine for the large-scale application of stablecoins from the dual dimensions of liquidity and technological accessibility, helping them to be widely used in real financial scenarios.