香港財庫局局長許正宇表示，符合規範的穩定幣執照申請正依照原定框架推進，首批執照預計按照原定時間表於 2026 年初核發。香港的監管定位相當明確，即需達成三方面的平衡：創新、融入實體經濟、風險管控。其中，將優先落實的是港元穩定幣。

針對在香港發行人民幣穩定幣，許正宇指出，從香港的角度來看，法律框架容許以不同法定貨幣做為穩定幣的底層掛鉤標的；但貨幣具有主權屬性，且涉及戰略考量，因此掛鉤人民幣必須兼顧國家匯率及貨幣政策，需全面評估其中的風險與利弊。

Xu Zhengyu, Secretary for Financial Services and the Treasury of Hong Kong, stated that license applications for compliant stablecoins are progressing in accordance with the original framework, and the first batch of licenses is expected to be issued in early 2026 as scheduled. Hong Kong has a clear regulatory positioning, which is to strike a balance among three aspects: innovation, integration into the real economy, and risk management. Among its initiatives, the implementation of Hong Kong Dollar (HKD) stablecoins will be prioritized. 

Regarding the issuance of Renminbi (RMB) stablecoins in Hong Kong, Xu Zhengyu pointed out that from Hong Kong’s perspective, the legal framework allows different fiat currencies to serve as the underlying pegged assets for stablecoins. However, currency carries sovereign attributes and involves strategic considerations. Therefore, pegging stablecoins to RMB must take into account the country’s exchange rate and monetary policies, and a comprehensive assessment of the associated risks and benefits is required.