The post Hashkey Group to Jointly Issue Stablecoin in Hong Kong! appeared first on Coinpedia Fintech News
Hashkey Group has announced its strategic partnership with Hong Kong-based companies Yuanbi Technology and Zhongan Bank to issue stablecoins. Yuanbi Technology, founded by former Hong Kong Monetary Authority President Chen Delin, holds a stored value facility license from the HKMA. The firm aims to target the B2B market to solve cross-border payment issues and manage foreign exchange risk. This partnership aims to leverage the strengths of all involved to create a successful stablecoin offering.
Source: https://coinpedia.org/crypto-live-news/hashkey-group-to-jointly-issue-stablecoin-in-hong-kong/