Huaxia Fund (Hong Kong) CEO: Stablecoin at Inflection Point, Hong Kong Web3 Ecosystem Ushers in Golden Development Period
BlockBeats News, July 3rd. According to Securities Times, Gan Tian, CEO of Huaxia Fund (Hong Kong), stated that the stablecoin business is currently at a key stage of transitioning from policy implementation to scene experimentation, entering a critical point where "basic rules are established, and application scenarios are ready to explode." He believes that the Hong Kong Web3 ecosystem is embracing new development opportunities, demonstrating strong growth momentum. Gan Tian revealed that Huaxia Fund is also participating in the stablecoin sandbox testing initiated by the Hong Kong Monetary Authority, exploring an integrated application of payment, subscription and redemption, and asset management. He pointed out that in the future, whoever can first establish a closed loop of "compliance + implementation + asset connection" will have the opportunity to become a market leader.
Regarding Hong Kong's released Policy Manifesto 2.0, Gan Tian praised its demonstration of a deeper development vision, believing that this gradual and systematic development strategy will effectively enhance market operation quality, promote business innovation, and market participation. He further analyzed that Web 3.0 technology is driving the comprehensive tokenization of financial assets. Stablecoins, with their efficient and low-cost cross-border payment advantages, have widely penetrated developing countries, with transaction volumes even surpassing some sovereign currency systems. Gan Tian predicted that in the future, the global monetary system may converge towards a few mainstream stablecoins, and Hong Kong's practice will not only provide a new path for the internationalization of the RMB but also potentially reshape the underlying logic of the international financial infrastructure.
You may also like

How to capture the next Alpha in the narrative of predictive markets?

"Legal" Ponzi scheme? Unveiling the circular lending of Gemini exchange and its founder

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here

Oil prices are approaching a critical point. What will happen in mid-April?

The oil price is approaching a critical point, what will happen in mid-April?

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13

Zhou Hang, the founder of Yidao Yongche: Cryptocurrency has finally arrived at its time to shine

Who else cannot be distilled into skill?

Who else cannot be distilled into skill?

The huge shock in the South Korean cryptocurrency market: How should traders view it?

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

How to Automate Your Workflow with AI (No Code Required)

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

Is it still worth buying Circle on the callback?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

Further Oracle Integration Reveals Polymarket's Ambitions

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

