Hong Kong suddenly takes action! Stablecoin licenses will be issued early next year, will the market experience a major earthquake?

Brothers, heavy news has arrived from Hong Kong! The Secretary for Financial Services and the Treasury, Xu Zhengyu, has just revealed that the first batch of stablecoin licenses will be issued early next year, and 36 institutions are already scrambling for them!

What does this mean? The wave of compliance is truly coming. Only stablecoins with solid reserves and strict risk control will be able to obtain licenses, while those opaque and small players that issue tokens randomly are likely to be cleared out of the market. For us retail investors, this is actually a long-term positive—funds will be safer, and the market will be cleaner.

But in the short term, be aware that the market may undergo a reshuffle before the licenses are issued, and some stablecoins may face a trust test. Xin Ying suggests: 1. Prioritize using stablecoins that have applied for licenses and have transparent reserves; 2. Avoid small tokens with unclear origins and audits; 3. Pay attention to mainstream ecosystems like BNB and ETH, as they are often beneficiaries of compliance advancement.

I am Xin Ying, closely following policy trends to help you avoid pitfalls in advance. Hit follow, and let’s wait for this wave of compliance dividends together! #美联储降息预期升温

Brothers, the wealth train is blowing its whistle to depart; will you keep up or watch it go far away? Follow Xin Ying and join every attack by Xin Ying’s community! Xin Ying will announce specific entry times and real-time news in town every day!