p4ygvnhg9
@p4ygvnhg9
Hong Kong's stablecoin rules might kick in by August, hinting at offshore yuan (CNH) stablecoin trials. Phase 1 (2025–2026): Sandbox testing by licensed Chinese firms, focusing on trade in the Greater Bay Area. Phase 2 (2026–2027): Expand to mBridge and cross-border projects, testing tokenized bonds and real-world assets. Phase 3 (2028 onward): Work with IMF to set global standards, making CNH stablecoins a regional pricing tool.
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