Hong Kong 🇭🇰 stablecoin license to be issued soon‼️



According to market sources:
• Expected to issue 3-5 licenses
• Currently 36 institutions have applied
• Approval rate likely below 10%

The most pressing market question:
Who is most likely to receive the first batch of licenses?

Currently, several major factions are widely discussed in the industry:

I. Internet and Industrial Capital Faction
• JD.com
• China Times Publishing
• Bonded Technology
• Cuiwei Group

II. Financial Technology Faction
• Ant Group ecosystem
• Xinneng Technology
• Lanxin Technology
• Jinzheng Technology

III. Traditional Finance and Payment Faction
• Big Three Banks system
• Yuyin Group
• Fanfang Jingchuang
• Huafeng Superfine Fiber

Looking from compliance capability + technical capability + financial strength:

Market consensus suggests:
Internet giants + bank-affiliated institutions
will have a higher probability of obtaining the first batch of licenses.

After all, the essence of stablecoins is:
financial infrastructure + regulatory technology integration.
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Vortex_Kingvip
· 10h ago
To The Moon 🌕
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