HashKey Chairman: Stablecoins can enhance financial services in underdeveloped areas, and the central bank's mention of stablecoins is a positive signal

ChainCatcher news, HashKey Group Chairman Xiao Feng recently accepted an interview with the 21st Century Business Herald. Xiao Feng believes that stablecoins can enhance the accessibility of financial services in underdeveloped regions. This is also the reason why Africa has the largest user base of USD stablecoins.

In the field of cross-border payments, the traditional "bank + Swift" method may face challenges from stablecoins. Xiao Feng believes they should explore new roles and service methods.

In addition, regarding the central bank's recent mention of stablecoins, Xiao Feng considers this a positive signal and suggests a step-by-step, tiered, and regional approach to gradually promote relevant pilots, with Hong Kong serving as a testing ground for offshore markets.