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Hong Kong’s Stablecoin Gold Rush: Over 40 Firms Vie for Dominance in 2025
Hong Kong’s Stablecoin Gold Rush: Over 40 Firms Vie for Dominance in 2025
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Hong Kong's financial arena just turned into a crypto thunderdome.
With regulators greenlighting stablecoin trials, more than 40 companies—from fintech disruptors to traditional banks—are scrambling to plant their flags. The prize? A slice of Asia's trillion-dollar digital payments market.
Brace for impact
Expect wallet wars, regulatory chess moves, and the usual parade of 'game-changing' whitepapers. One insider quipped: 'Half these projects will pivot to AI by 2026.'
Meanwhile, Wall Street still can't decide if stablecoins are the future of finance or just turbocharged money market funds.
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