TechFlow, July 28 — According to an official announcement, Zhaogang Group (6676.HK) has signed a strategic cooperation memorandum of understanding with OSL Group to promote the "Steel Searcher" brand's participation in building an international digital commodities trading platform, and to explore the use of Hong Kong dollar-denominated stablecoins (such as HKDR) for cross-border trade settlements. OSL Group’s RD Holdings is one of the first three companies granted a “sandbox” license by the Hong Kong Monetary Authority to issue stablecoins under regulatory oversight.
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