Stablecoin popularity remains high, fund subsidiaries actively taste fresh.

Reporters have learned that in the ecosystem of stablecoins, some public fund subsidiaries in Hong Kong are actively preparing. Huaxia Fund has participated in stablecoin sandbox testing, covering key elements such as stablecoin issuance, payments, asset docking, and fund application and redemption. There are also fund subsidiaries expanding their virtual asset business talent, responsible for the design and issuance of virtual asset-related products, and building virtual asset and stablecoin related product architectures. Previously, many fund subsidiaries have already entered the digital asset field, launching Bitcoin ETFs, Ethereum ETFs, and tokenized currency funds for retail clients.