With the maturity of blockchain technology and the rapid development of the digital economy, stablecoins, with their core advantages of stable value, efficient transactions, and low costs.
By 2025, stablecoins will officially enter the mainstream application category and become the first cryptocurrency product to achieve large-scale implementation and penetrate the real economy.
The cryptocurrency market is receiving a turning signal, and in the fourth quarter of 2025, global 13F reporting institutions are showing an overall trend of reducing their holdings of Bitcoin ETFs.
Since the official approval of the first batch of spot Bitcoin ETFs for listing, this cryptocurrency investment tool has gradually gained widespread recognition from institutional investors. Entering 2025.
When the speculative foam in the encryption market gradually faded, the Web3 industry was ushering in a historic turning point of development. In 2025, as a key turning point for the industry.
At a critical stage of reshaping the global digital finance landscape, Hong Kong is becoming a core hub for international institutions to layout the Asian digital asset market. Multiple top global asset management institutions.
Against the backdrop of accelerated iteration and upgrading of the global Web3 industry, real-world asset tokenization (RWA) has steadily entered the stage of large-scale application from conceptual exploration.
On February 11, 2026, Hong Kong Chief Executive Carrie Lam officially confirmed at the Consensus Hong Kong Conference that the Hong Kong Monetary Authority (HKMA) is expected to issue the first batch of stablecoin issuer licenses in March.
On January 1, 2026, the new regulations on virtual asset capital officially came into effect, marking the end of the "extensive" stage of regulation in the virtual asset industry and entering a new development cycle of "compliance.
On February 11, 2026, the China Securities Regulatory Commission officially released a package of new regulatory regulations, which heavily lifted the ban on financing, market making.