Imagine a special kind of digital money called a stablecoin, tied to the Hong Kong dollar! Three big companies – Standard Chartered Bank, Animoca Brands, and HKT – are teaming up to create one. It's like having digital cash that's always worth the same amount as a Hong Kong dollar.
- It needs approval from Hong Kong's government first.
- The bank will make sure it's safe and reliable.
- Animoca Brands will help it become popular.
- HKT will make it easy to use for payments.
Fact | Info |
---|---|
Hong Kong's crypto growth | 85.6% last year |
Stablecoin type | Hong Kong dollar-backed |
Goal | Secure digital currency for everyone |