The Chairman of the Hong Kong Investor and Financial Education Council, Du Gan-kun, has emphasized the primary use of stablecoins as tools for cross-border remittances. According to a report by Hong Kong 01, Du noted that if stablecoins gain widespread acceptance in society, they could significantly reduce the costs associated with cross-border payments.
Hong Kong Official Highlights Stablecoins' Potential in Reducing Cross-Border Payment Costs
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