Da Mo: Stablecoins may reshape cross-border investment processes, forming a "USD stablecoin Hong Kong dollar stablecoin Hong Kong stock" trading chain

According to a report by Golden Finance, Morgan Stanley has released a report titled "Emerging Frontiers in China - Asia Pacific Region: Seizing the Transformation Opportunities of Hong Kong Stablecoins", which points out that RMB stablecoins may become a new lever to promote RMB internationalization, and stablecoins may reshape cross-border investment processes. In the future, investors may be able to achieve seamless 24-hour trading through the chain of "USD stablecoins → Hong Kong dollar stablecoins → Hong Kong stocks". Whether Hong Kong can truly become a "stablecoin hub" connecting the East and the West will be determined by balancing innovation and risk, and taking into account international rules. (Sina Finance)