According to Golden Finance, Luo Zhuojian, a member of the National Committee of the Chinese People's Political Consultative Conference and a consultant to the Ministry of Finance, issued a document calling for the active development of stable currencies to safeguard Hong Kong's financial center advantages. He pointed out that Hong Kong can cooperate with financial institutions in other regions in the application of stable currencies to explore its application in international settlement and cross-border transactions. It can also encourage the cooperation of traditional financial institutions, payment platforms and technology companies to jointly promote the application of stable coins. In addition to cross-border and payment, stablecoins can also be used in fund raising and asset management to further expand their application scope. In addition, it is necessary to expand the scope of participation in the sandbox and relax the application conditions to allow more start-ups and innovative projects to Test new products in a low-risk environment.