Hong Kong's financial department's latest statement has attracted industry attention. The strong performance of the financial markets is driving growth in stamp duty revenue, laying the foundation for an overall improvement in Hong Kong's fiscal situation. Officials expect the accounts to turn profitable ahead of schedule.

In public, Hong Kong's financial officials made a clear statement regarding stablecoins. Regarding the on-site proposal for a gold-pegged stablecoin, the official took a relatively cautious stance—emphasizing the need to proceed step by step in building the stablecoin ecosystem. Only after the first phase of work is completed will they consider the possibility of pegging to gold or other assets. This gradual policy approach reflects the official's rational planning for stablecoin development, neither rejecting innovation nor neglecting the importance of risk management.

Relevant persons pointed out that this statement sketches a relatively clear evolutionary path for the region's stablecoin policy framework.