The Hong Kong Monetary Authority (HKMA) has refuted claims circulating on social media about the issuance of the world's first offshore RMB-linked stablecoin in Hong Kong. The HKMA clarified that it has not issued any licenses for stablecoin issuers, making any issuance or promotion of stablecoins illegal. The authority emphasized its commitment to monitoring stablecoin transactions and warned that any violations of the Stablecoin Ordinance would be investigated, with further actions considered based on evidence.