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#稳定币监管# It seems that Hong Kong's attitude towards stablecoin regulation is becoming more cautious. Reducing the first batch of licenses to 3-4 companies indicates that regulators are balancing innovation with risk. This is actually a good thing! Ordered regulation can lead to a healthier development of the stablecoin ecosystem. However, Chinese institutions are very interested in participating in Hong Kong's Compliance stablecoin business, which also reflects the strong demand for stablecoins in the market. In the long run, stablecoins, as a bridge connecting TradFi and the encryption world, still have great potential. I hope to see more quality stablecoin projects born in the future, contributing to the Web3 ecosystem!