According to online reports, Liu Yu, CEO of Yuanbi Technology, said in an interview with the 21st Century Business Report that in the past year, Yuanbi Technology and the HKMA have discussed many regulatory aspects, and at the same time made in-depth research on application scenarios, business strategies and other aspects. Yuancoin Technology will enter the first batch of stablecoin business from three application scenarios: cross-border trade and cross-border payments, Hong Kong's licensed virtual asset exchange, and Hong Kong's RWA (real-world asset tokenization). In addition, the "stablecoin Ordinance" provides space for multi-currency stablecoins. Liu Yu said that although the yuan currency started from the Hong Kong dollar, he hopes to issue stablecoins in other currencies in the future. At the same time, the yuan coin will also make some arrangements in the RWA field. Previously, in July last year, the Hong Kong Monetary Authority announced the list of the first three stablecoin issuers, including Yuan Coin Innovation Technology Co., Ltd.(a subsidiary of Yuan Coin Technology), Jingdong Coin Chain Technology (Hong Kong) Co., Ltd., and Standard Chartered Bank (Hong Kong)), A consortium composed of Anqian Group, and Hong Kong Telecom.