TechFlow news, May 21 — The Hong Kong Legislative Council passed the Stablecoin Bill in its third reading, marking the official beginning of a Hong Kong-style era for global stablecoin regulation. As the preferred public blockchain for finance and RWA assets, HashKey Chain responded immediately by announcing full-stack support for Hong Kong-issued stablecoins and RWA projects eligible as their reserve assets, accelerating the development of on-chain infrastructure for stablecoin issuance, circulation, and management.
HashKey Chain stated that stablecoins will become the core hub of the on-chain financial system and a key starting point for integrating on-chain value circulation with traditional finance. HashKey Chain is now ready to fully support the issuance and implementation of locally issued Hong Kong stablecoins within a secure and efficient technical framework.
Additionally, HashKey Chain announced the upcoming launch of a zero-slippage, 1:1 on-chain stablecoin swap tool, providing a foundational acceleration engine for large-scale stablecoin adoption by enhancing both liquidity and technical accessibility, thereby facilitating broader application in real-world financial scenarios.
