when Hong Kong Financial Secretary and Treasury Secretary Christopher Hui attended the Lujiazui Forum in Shanghai and was asked about the possibility of stablecoins being pegged to the RMB, he pointed out that from the perspective of Hong Kong regulations, this possibility is not ruled out. The law allows stablecoins to be pegged to different legal currencies, but pegging to the RMB must consider the country's exchange rate and monetary policy, and requires a comprehensive assessment of the risks and benefits involved.
