Techub News, citing a report by aastocks, said that Hong Kong Financial Secretary Paul Chan Mo-po stated in an interview that the authorities’ licensing strategy is “small steps and quick progress.” In the first round, only a small number of licenses will be issued. There should be real-world application scenarios, and after the products are released and experience is summarized, a second batch of licenses will be issued. Stablecoins and digital assets are financial innovations that require encouragement to achieve breakthroughs, but at the same time, security must be upheld. There should be mechanisms in place to prevent money laundering, so appropriate regulation is necessary. The advantages of stablecoins are decentralization and high efficiency, but they are only a payment tool, not an investment tool.