TechFlow News: Shi Feng, Chairman of HashKey Group, stated in an exclusive interview with the Hong Kong Wen Wei Po that Hong Kong’s issuance of the first batch of stablecoin licenses represents a significant milestone for the local digital asset market. He noted that this move further accelerates Hong Kong’s tokenization of fiat currency and completes a critical piece of infrastructure—clearing and payment systems—for its digital financial ecosystem. Beyond facilitating cross-border payments and trade settlements, Hong Kong-issued stablecoins will also serve as core transaction mediums for digital assets.
Shi Feng added that, in the long term, their greater value lies in enabling micro, cross-border, and programmable payments among AI agents, synergizing with real-world assets (RWA), on-chain clearing, and other use cases—thereby strengthening Hong Kong’s pivotal role in the global evolution of digital assets and digital finance. He also emphasized that HashKey’s exchange platform will uphold principles of openness and regulatory compliance, supporting stablecoin issuers and related products that meet supervisory requirements to jointly foster a healthy ecosystem.
Currently, HashKey is actively engaging in substantive cooperation discussions with licensed stablecoin issuers and welcomes institutions planning to launch compliant stablecoins in Hong Kong to establish partnerships. As a core participant in Hong Kong’s digital asset market, HashKey will leverage its existing licensed and compliant framework, fiat on-ramp/off-ramp channels, and industry resources to support compliant stablecoins in listing, liquidity provision, expansion into payment use cases, and the implementation and refinement of related applications—driving orderly development of the industry ecosystem.
