PANews reported on June 3 that a research report by CITIC Securities stated that Hong Kong and the United States have recently advanced the legislative process of stablecoin-related bills to varying degrees. Stablecoins can provide a stable trading method for RWA token assets, enhance market liquidity, and help promote the further implementation of RWA issuance projects by mainland companies in Hong Kong; at the same time, the Stablecoin Act is expected to indirectly promote the construction of digital currency-related payment and settlement interfaces in the Hong Kong financial industry, and financial IT companies with experience in cross-border settlement of digital currency/digital RMB and supply chain finance projects are expected to benefit.