Deep Tide TechFlow News, March 2nd, according to Hong Kong media Hong Kong 01, the Hong Kong Monetary Authority is seeking to issue the first batch of stablecoin issuer licenses in March. Previously, there were reports that HSBC and Standard Chartered Bank are expected to be the first approved institutions. In response, HSBC Holdings CEO Georges Elhedery stated that HSBC is interested in participating in all of Hong Kong's innovative developments and also hopes to play a role in them. Stablecoins can enable seamless, real-time trade payments 24/7, allowing Hong Kong to explore related innovative financial services, such as tokenized deposits, as part of this ecosystem. Currently, HSBC has used blockchain technology to assist in bond issuance, such as Hong Kong government sustainable bonds, and is also involved in tokenized gold business.

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