Hong Kong promotes the development of stablecoins: preventing risks is the top priority, and gold reserves should be increased to 2,000 tons

ForkMonger · 2026-01-16T08:30:11+00:00

The Hong Kong authorities will promote the development of stablecoins, emphasizing stability and risk prevention, while also expanding gold storage facilities, with plans to increase to 2000 tons and establish a central clearing system. These measures reflect a rational approach to digital assets, aiming to balance stability and innovation, and attract compliant projects and funds.

ForkMonger

2026-01-16 08:30:11

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【Blockchain Rhythm】Hong Kong officials recently stated that they will further promote the development of stablecoins in the future, but the key is to “stabilize first and then advance.” This means that while expanding the application of crypto assets, preventing illegal fund inflows and ensuring the stability of the financial system are the top priorities.

This attitude is quite pragmatic—after all, stablecoins involve large amounts of capital flow, and poor regulation could easily turn them into tools for money laundering. Hong Kong's cautious approach in this area is rational.

In addition to stablecoins, Hong Kong is also busy with another major project: expanding gold storage facilities. The goal is to increase the total gold capacity to 2000 tons within three years. They are also building a central gold clearing system and have invited the Shanghai Gold Exchange to participate, aiming to have it operational within this year.

Behind these initiatives reflects Hong Kong's thoughts on the digital asset ecosystem—not blindly following trends, but finding a balance between stability and innovation. Stablecoins and gold reserves are both strengthening the credibility of financial infrastructure. For the entire Web3 ecosystem, such a policy environment indeed helps attract more compliant projects and capital.

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DeFiAlchemist

· 17h ago

*adjusts alchemical instruments* the gold vault expansion to 2000 tonnes... now that's the philosopher's stone they've been seeking. collateralizing stablecoins with physical reserves? chef's kiss from a risk-adjusted returns perspective, tbh. "先稳后进" isn't just regulatory theater—it's optimizing the protocol's TVL/collateral ratio before transmuting into yield generation.

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ContractCollector

· 17h ago

Hong Kong's recent moves are quite interesting. I buy into the logic of stabilizing first and then advancing, but honestly, what's the purpose of holding 2,000 tons of gold reserves?

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WhaleStalker

· 17h ago

Hong Kong's recent moves are quite good; a strategy of stabilizing first and then advancing is much better than some other places. However, the real test is in execution.

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MonkeySeeMonkeyDo

· 17h ago

Hong Kong's recent moves are quite impressive. The approach of stabilizing first and then advancing is completely different from some project teams that only want to harvest profits from retail investors. Gold reserves piling up to 2000 tons? That's backing the stablecoin... Now I get it a bit.

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DeepRabbitHole

· 17h ago

Hong Kong's recent moves are quite impressive. Don't rush to roll out stablecoins; increase gold reserves first. This is a big strategic game.

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SerumSquirrel

· 17h ago

The idea of "stability first, then progress" sounds comfortable, but can it truly manage the risks? We definitely need to be cautious about money laundering.

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