These remaining revised suggestions take into consideration feed-back from the community consultation and stakeholder outreach. Andre Da Roza, counsel at Clifford likelihood, added which the scheme not only handles Hong Kong-certified stablecoins, but in addition provides specifics within the “featuring” or “Lively marketing” of stablecoin

? Evidently define The purpose at which a transfer of a stablecoin in the operational strategy used will become irrevocable and unconditional. One more possible use circumstance is as being a medium of Trade for cross-border payments. Stablecoins can aid more rapidly and more affordable cross-border transactions in comparison with common solutions