PANews reported on August 29th that PetroChina (00857.HK) revealed at its semi-annual earnings conference that it is closely monitoring the Hong Kong Monetary Authority's stablecoin licensing policy and plans to initiate a feasibility study on using stablecoins for cross-border settlement and payments. As one of China's largest state-owned energy companies, PetroChina became one of the first traditional energy giants to publicly respond to Hong Kong's Stablecoin Ordinance.