According to online reports, according to Chen Qinqi, vice president of the Asia-Pacific region of Circle, a stablecoin USDC issuer, Hong Kong's stablecoin system also follows internationalization. Circle also provided advice during the HKMA consultation period, including how to integrate into Hong Kong as an overseas issuer regulated by different countries. Environment and regulation, Circle is discussing relevant opportunities with different regulatory authorities. In addition, Chen Qinqi also revealed that the Hong Kong government has ideas to develop capital market tokenization, including reducing capital costs. Circle's main goal in the future is to promote networked currency, which can be applied on exchanges, P2P or e-wallets. Different companies can create their own use cases and help small and medium-sized enterprises reduce capital costs.