[The Popularity Of Stablecoins Remains High, And Fund Subsidiaries Are Actively Trying Them Out] With The Active Promotion Of Stablecoin-related Regulatory Rules Overseas And The Passage Of The Stablecoin Bill By The Legislative Council Of The Hong Kong Special Administrative Region Of China, The Gradual Improvement Of The Regulatory Mechanism Has Made Stablecoins The Focus Of Market Attention. Recently, The News That Guotai Junan International Upgraded Its Virtual Asset Trading Service License Directly Promoted The Surge In Stablecoin Concept Stocks, And Related ETFs Such As Financial Technology Continued To Attract Money. The Reporter Learned That In The Stablecoin Ecosystem, Some Public Fund Hong Kong Subsidiaries Are Preparing Intensively. China Asset Management (Hong Kong) Participated In The Stablecoin Sandbox Test, Covering Key Links Such As The Issuance, Payment, Asset Docking And Fund Redemption Of Stablecoins. There Are Also Fund Subsidiaries That Expand Virtual Asset Business Talents, Responsible For The Design And Issuance Of Virtual Asset-related Products, And Building Virtual Asset And Stablecoin-related Product Architectures