Hong Kong Stablecoin Debate Exposes Global Dollar Dilemma as Licensing Deadline Looms
Hong Kong’s stablecoin ambitions are facing growing scrutiny as a high-profile debate in South China Morning Post underscores a deeper global tension: can countries adopt stablecoins without strengthening the dominance of the U.S. dollar? With the city’s self-imposed March deadline for its first stablecoin licenses passing without clarity, the discussion ...
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