Yuanbi Tech CEO Liu Yu has highlighted Hong Kong's potential to lead global regulatory innovation in the stablecoin sector. Speaking on the current state of the market, which has surpassed $310 billion, Liu noted the transition from 'diverse development' to 'compliance integration' as essential for mainstream adoption. She emphasized the importance of operating within a legal framework to mature on-chain financial infrastructure. Yuanbi Tech, established in 2020, is among Hong Kong's pioneering stablecoin firms, focusing on stablecoin issuance and cross-border payment solutions. Liu identified key industry trends, including the convergence of traditional finance with crypto, expanded use cases beyond trading, and the development of regional, non-dollar-dominated stablecoin systems. She anticipates Hong Kong's 'Stablecoin Issuer Regulatory Bill' will position the city as a model for global regulatory practices.