Hong Kong Octopus will collaborate with a blockchain platform to launch a stablecoin accelerator program, participating as an advisor

ChainCatcher news, according to the Hong Kong Economic Journal, digital asset technology company IDA has announced that it will collaborate with accelerator program organization Brinc, Octopus Holdings, and blockchain platform XDC to launch a stablecoin accelerator program.

Octopus clarified that, in order to promote the future development of fintech in Hong Kong, Octopus is supporting a concept exploration accelerator program led by Brinc, aimed at exploring next-generation Web3 customer loyalty solutions, in an advisory capacity. This program is purely exploratory in nature and does not constitute a stablecoin product development project or a formal partnership.