Hong Kong Legislative Council Member Wu Jiezhuang: Has suggested that the Monetary Authority issue digital Hong Kong dollars in the form of "stable coins"
According to ChainCatcher news, Wu Jiezhuang, a member of the Hong Kong Legislative Council and co-founder of the startup accelerator G-Rocket, led the establishment of the Hong Kong "Web3Hub" fund this week. Promote future online cross-border transactions and reduce the risk of financial crisis.
Wu Jiezhuang continued to say that if the Hong Kong government can create another pioneering work and become the world's first officially issued stable currency, with cash support to improve stability, bankruptcy can be avoided, and the Hong Kong dollar will also enter the Web3.0 market.