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Key with you:
- Economist Hong Hao expects the market capitalization of Stablecoin to outperform $ 1 trillion.
- They say Stablecoins supported by HKD can offer greater reliability than the US -based ones.
- The demand of the US cash register may increase, although long -term flows depend on fiscal credibility.
Economist Hong Hao predicted that the market value of stablecoins could overcome $ 1 trillion in the near future, according to notes published by investment reports in its summary Comments From a recent online discussion.
Hong, Lotus Asset Management, said the total Stablecoin market remains small, but expects expansion when multiple companies enter the sector.
HKD Stablecoin vs. USD Stablecoin
He noted that most of the Stablekoin issued in Hong Kong would probably be denominated HKD rather than supporting US cash registers, and quotes the power of foreign reserves by the Hong Kong currency authorities.
“Stablecoins released.” Hong Kong It can be more stable than in the US, ”Hong said, pointing to the regulatory clarity and resource base in Hong Kong. He added that while several Chinese technology companies have received stable -issuing licenses, many participants still formulate operating models.
Hong also said that the Stablecoin market structure could increase the demand for American treasures, but future flows will depend on the fiscal position of the US government.
Specifically, he referred to the past disorders in American stable stablecoins, such as Degging USDC events, claiming that the US framework remains insufficiently developed. He contrasted it with the Hong Kong’s license structure and Peg currency, suggesting that Hong Kong’s model can offer greater reliability in the long run.
“There were several collapse in the US system,” he said. “It’s not mature or completely safe yet.” He stressed that, despite American dominance in the early stage, other currency could eventually serve as reserve anchors, including gold, Swiss francs or pound.
Cross -border trade in global competition.
In connection with cross -border trade, he claimed that stablecoins could reduce costs and speed transactions, especially for foreign entities involved in China.
However, it acknowledged the voltage between these benefits and control inspection. “Stablecoins decentralizes payment systems, which is something that regulators must monitor carefully,” he said.
Hong stressed that the current activity of Stablecoin is a long -term shift in digital salaries rather than a short -term trend. “Boom Stablecoin has already begun and his role in everyday financial life will only grow,” he said.
While Stablecoin’s policy is still forced all over the world, its integration into formal financial systems can test the boundaries between sovereign control and private edition. In the case of jurisdictions such as Hong Kong, it will be a challenge to maintain monetary supervision without suppressing the cross -border digital payment infrastructure that continues to evolve.
Frequently asked questions (FAQ)
What role could Stablecoins play in Chinese business strategy?
It believes that stablecoins may shorten transaction costs and times of processing in cross -border trade, especially for foreign entities that transactions with China.
Are other reserve currencies in future stablekoines a role?
Hong suggested that gold, Swiss francs or pounds could eventually serve as reserve anchors for stablecoins outside the current dominance of USD.
What is the regulatory interest in stablecoins?
Stablecoins decentralizes payment systems and raise questions for regulators over control, compliance with regulations and system risk management.
Contribution Chinese analyst sees on the horizon 1 trillion market stablecoin He appeared for the first time Cryptonews.
