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Standard Chartered: Will use the Hong Kong Monetary Authority sandbox to launch a full-featured Stable Coin that connects different application scenarios with one coin
According to a report from Golden Finance, as disclosed by Hong Kong media Sing Tao Daily, Standard Chartered is one of the participants in the Hong Kong Monetary Authority's sandbox for stablecoin issuers, and Dominic Maffei, the bank's head of digital assets and financial technology, said that the bank's research direction is to launch a 'universal stablecoin' that can be connected to different application scenarios to expand its future development potential.