Analysis: In addition to stable currencies, Hong Kong's digital currency field has also made various attempts, or a "competitive and competitive pattern" may be formed.

Odaily Planet Daily News "Finance" magazine published an article "Hong Kong's digital assets: stablecoins, RWA, and digital RMB multi-way competition and cooperation", which pointed out that in addition to stablecoins, Hong Kong is also conducting a variety of digital currency experiments, namely the digital currency bridge project jointly led by the Hong Kong Monetary Authority and other central banks and tokenized deposits issued by banks. Many market participants said that this may form a "competition pattern" to a certain extent. In an interview, Hong Kong Special Administrative Region Legislative Council member Chiu Dagen said that Hong Kong regulators provide clear regulatory and tracking processes, which can allow people to understand the issuance of stablecoins and the user's bank account status. Commodities are also regarded as an important scenario for the implementation of stablecoins.