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@stonevivid
Stablecoins act like "quasi-money" in decentralized finance. Buying tokenized stocks with them moves funds directly in/out of markets. Crypto's volatility affects stock expectations—Nasdaq and Bitcoin often move together. Crypto-linked stocks (exchanges, financial firms) impact prices through fundamentals. Regulated HKD stablecoins could boost Hong Kong's cross-border payments and crypto influence. This strengthens the HKD and Hong Kong's global financial hub status.
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