China will return to Crypto with Stablecoins and RWA star-news.press/wp

Dr. Xiao Feng of the Hashkey collection, which is often called the name China’s Blockchain’s fatherHe warns that the noise of cryptocurrencies much exceeds the organizational reality in the emerging markets in Asia.

The influential CEO argues that Stablecoins not payment tools, but it represents a basic re -imagination of global financial infrastructure.

Stablecoin Fever: Hong Kong Cautious Organizers against the enthusiasm of the market

In deeper into the talk interview With an industry expert, Liu Feng, Dr. Xiao Feng shared his rational view of the current encrypted currency.

Dr. Xiao, Chairman and CEO of the Hashki Group, indicated that there is a fever around Stablecoins in Hong Kong. On the contrary, the organizers are still very careful. He said this reveals a big gap between the noise in the market and reality.

“China in China has begun to re -engage with the world of encryption. This process will start with Stablecoins. The pressure of global monetary competition leads the transformation.”

Xiao expects a clear way to adopt. After stablecoins, he said, the focus will turn into the origins of the real world (RWA). In the end, this may lead to bitcoin.

People often misunderstand the basic purpose of stablecoins, as he said, demanding that they have been created for just payments. He explained that their main use was a means of trading for volatile encryption assets.

Beckchain: Blockchain as a financial infrastructure

He said he understood its value, we must look deeper. “Blockchain is more than just symbols,” Xiaoh edge. “It is a new way of holding accountable.”

He explained that this technology creates a new infrastructure for the financial market. It allows a settlement of peers in an actual time, which greatly improves costs and reduces costs, according to the CEO.

In order for the industry to grow, compliance is necessary. Dr. Xiao indicated that Hong Kong organizers are focusing strongly on the fight against money laundering (AML). This is very important to protect its reputation as a financial center.

He said that the Crypto approach to AML could be superior to traditional systems. “We can track all transactions on the series,” he said. “This provides a transparent and effective monitoring tool.”

He emphasized that the successful stablecoins need public groups without permission to flourish. He warned that Stablecoins based on fond federal chains will not succeed, because it lacks the large -scale openness to adopt.

Hong Kong Strategic Center in Asia’s Digital Finance Race

And note that the market is subject to a deep transformation. “We move from the original digital assets to digital-twin assets,” he said, adding that this next stage will be defined by RWA.

He said this development requires organized exchanges, on the beach. The old external model has become ancient of these origins. Compliance is necessary to cancel the market insurance that is likely to be estimated at the value of trillions, according to Siao.

In his opinion, Hong Kong is in a unique position to become a world center. He pointed out that it has a general law system under the framework of “one country, two systems”. It was a vital bridge between China and the world.

“The fate of Hong Kong is to be the Wall Street Asia,” announced. “In contrast, Singapore is Switzerland in Asia. Its financial strategies are completely different.”

Dr. Xiao Feng believes that the future of this industry is a class. He said that the basic protocol layer should be decentralized and not permit. However, the application layer requires centralization. He explained that this is not a contradiction, but a necessary balance.

“We need decentralization for fairness and openness. We need centralization for efficiency and consumer protection at the level of application.”