Stablecoin Trials for Government Debt Planned as Settlement Goes 24/7 in Hong Kong

The city is extending digital asset settlement to round-the-clock operation while preparing pilot tests involving stablecoins and tokenized government bonds. Hong Kong is pushing its digital asset infrastructure toward continuous operation. Reports indicate the city plans to make tokenized settlement available around the clock, rather than limiting it to conventional market hours. This shift would align digital settlement with the always-on nature of blockchain networks themselves. Alongside the settlement upgrade, Hong Kong is preparing stablecoin trials.

Source: TheCoinrise