#香港稳定币新规 sends a clear signal: The integration of Web3 and traditional finance must follow a compliance route. The new regulations regarding 1:1 reserves, daily audits, custody requirements, and other terms set clear standards for the entire stablecoin sector. This will guide project parties to design stablecoins within a compliance framework, and it opens up access for institutional users, banks, brokerages, and other traditional financial participants. I believe this will become a benchmark for digital asset regulation in the Asia-Pacific region.