According to online reports, the Hong Kong SAR government today released the "Hong Kong Digital Asset Development Policy Declaration 2.0". In the declaration, the Hong Kong SAR government expressed support for stablecoins and other tokenization projects. In order to give full play to the potential of stablecoins, the government and regulatory agencies will provide a favorable market environment and necessary regulatory guidance to promote research and implementation of licensed stablecoin issuers in Hong Kong. plan to different application scenarios to address real pain points in economic activities. To demonstrate the government's support and take the lead, market participants are welcome to make suggestions on how the government can test and use licensed stablecoins, such as to improve the efficiency of government payments.