Huaxia Fund (Hong Kong) CEO: Stablecoin at Inflection Point, Hong Kong Web3 Ecosystem Ushers in Golden Development Period

July 3rd. According to Securities Times, Gan Tian, the CEO of Huaxia Fund (Hong Kong), stated that the stablecoin business is currently in a crucial stage of transitioning from policy implementation to scene experimentation. It is entering a critical point where "basic rules are established and application scenarios are ready to explode." He believes that the Hong Kong Web3 ecosystem is embracing new development opportunities and is demonstrating strong growth momentum. Gan Tian revealed that Huaxia Fund is also participating in the stablecoin sandbox testing initiated by the Hong Kong Monetary Authority and is exploring an integrated application of payment, subscription and redemption, and asset management. He pointed out that in the future, whoever can first establish a closed loop of "compliance + implementation + asset connection" will have the opportunity to become a market leader. Regarding Hong Kong's released Policy Manifesto 2.0, Gan Tian praised it for demonstrating a deeper development vision. He believes that this gradual and systematic development strategy will effectively enhance market operation quality, promote business innovation, and market participation. He further analyzed that Web 3.0 technology is driving the comprehensive tokenization of financial assets. Stablecoins, with their efficient and low-cost cross-border payment advantages, have widely penetrated developing countries, and their transaction volumes have even surpassed some sovereign currency systems. Gan Tian predicted that in the future, the global monetary system may converge towards a few mainstream stablecoins, and Hong Kong's practice will not only provide a new path for the internationalization of the RMB but also potentially reshape the underlying logic of the international financial infrastructure.