Galaxy Securities: Hong Kong introduces stablecoin regulations, RWA welcomes new opportunities.

Galaxy Securities released a research report stating that the passage of the Hong Kong "Stablecoin Regulations Draft" marks the establishment of the world's first legal currency stablecoin regulatory framework. On the one hand, stablecoins provide low-cost and efficient pricing and settlement tools for RWA. On the other hand, it enhances RWA liquidity and catalyzes more innovative RWA products and application scenarios. Focus on stablecoins and RWA: a) stablecoin issuance support; b) new energy + RWA; c) industrial chain technology and equipment support.