Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Former Chief Executive of the Hong Kong Monetary Authority: The Hong Kong dollar is actually the largest "USD stablecoin"

Former Chief Executive of the Hong Kong Monetary Authority: The Hong Kong dollar is actually the largest "USD stablecoin"

ChaincatcherChaincatcher2026/03/02 02:40
Show original

ChainCatcher news, according to Hong Kong media outlet HK01, Hong Kong Executive Council member and former CEO of the Hong Kong Monetary Authority, Norman Chan, stated that the evolution of geopolitics has increased the importance of the Hong Kong dollar being pegged to the US dollar, and bluntly said, "The Hong Kong dollar is actually the largest stablecoin of the US dollar."

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Low base, high oil prices, and subsidies all drive growth: Tesla (TSLA.US) continues sales rebound in Northern Europe in October

In October of this year, registrations of new Tesla cars increased in several Nordic markets, continuing the recovery momentum of the American electric vehicle manufacturer's sales in the region.

智通财经•2026/11/02 09:16
Low base, high oil prices, and subsidies all drive growth: Tesla (TSLA.US) continues sales rebound in Northern Europe in October

Japan’s consumption is set for its first decline in over two years? The Bank of Japan preempts with a “precautionary statement”: Weak overall figures due to population shrinkage ≠ deteriorating demand, December rate hike may not be affected

The Bank of Japan stated that, due to the ongoing population decline, it is difficult for overall consumption in Japan to achieve strong growth. However, this also means that overall sluggish consumption does not necessarily indicate weakening household demand.

智通财经•2026/11/02 09:03
Japan’s consumption is set for its first decline in over two years? The Bank of Japan preempts with a “precautionary statement”: Weak overall figures due to population shrinkage ≠ deteriorating demand, December rate hike may not be affected