Hong Kong Monetary Authority: Launching the pilot program for "e-HKD," with application scenarios including Web3 transactions and tokenized asset settlement

ChainCatcher news, the Hong Kong Monetary Authority (HKMA) announced today the launch of the "e-HKD" pilot program. Sixteen selected companies from the finance, payment, and technology sectors will conduct the first round of trials within this year. The program will explore potential use cases for e-HKD in six areas, including comprehensive payments, programmable payments, offline payments, tokenized deposits, Web3 transaction settlement, and tokenized asset settlement.

HKMA Chief Executive Eddie Yue stated: Although the HKMA has not decided whether or when to launch e-HKD, we are pleased to initiate the e-HKD pilot program. This is a great opportunity for the HKMA to collaborate with the industry to explore innovative use cases and to prepare for the potential launch of e-HKD in the future. (Source link)