As stablecoins grow, Hong Kong’s US dollar peg seen as advantage despite Web3 challenges

As stablecoins grow, Hong Kong’s US dollar peg seen as advantage despite Web3 challenges

[South China Morning Post] - 03/9/2025

Stablecoin transactions are now a fifth of all cryptocurrency transactions, and they make it easier to transact in US dollar-backed assets.



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In Chinese newspapers

US Secret Service shoots armed man near White House overnight, agency says
US President Donald Trump was in Florida at the time of the incident. The armed man was hospitalised and his (…)
[South China Morning Post] - 9/03/2025
As stablecoins grow, Hong Kong’s US dollar peg seen as advantage despite Web3 challenges
Stablecoin transactions are now a fifth of all cryptocurrency transactions, and they make it easier to transact in (…)
[South China Morning Post] - 9/03/2025
Just move Hong Kong’s HK$2 transport fare qualifying age back to 65
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[South China Morning Post] - 9/03/2025
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[South China Morning Post] - 9/03/2025
China set for joint naval exercise Security Belt-2025 with Russia and Iran
The drills in the Gulf of Oman will include simulated attacks and joint search and rescue operations, the Chinese (…)
[South China Morning Post] - 9/03/2025
Hong Kong’s active ‘seenagers’ are redefining retirement. Can authorities keep up?
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[South China Morning Post] - 9/03/2025
LIV Golf: Hong Kong working on deal to bring event back ‘year after year’, Law says
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[South China Morning Post] - 9/03/2025
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[South China Morning Post] - 9/03/2025
China’s January-February CPI falls 0.1% days after annual inflation control target lowered
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[South China Morning Post] - 9/03/2025
China says rising military budget ‘reasonable’ in face of ‘complex security environment’
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[South China Morning Post] - 9/03/2025
Trump administration ends Iraq’s waiver to buy Iranian electricity
The US aims to isolate Iran from the global economy and eliminate its oil export revenues to slow Tehran’s (…)
[South China Morning Post] - 9/03/2025