## How Hong Kong Stablecoins Build Risk防线
Stablecoins as a payment tool play an important role in the blockchain ecosystem, but the hidden risks behind them cannot be ignored. Recently, Lu Zhihong, a member of the Hong Kong Web3 Development Group, pointed out that there are multiple potential risk sources in the operation of stablecoins, including improper asset allocation, cybersecurity vulnerabilities, and smart contract flaws.
Hong Kong regulators have provided a systematic solution to this. Unlike traditional financial regulation, the regulation of stablecoins covers the entire lifecycle—f
View OriginalStablecoins as a payment tool play an important role in the blockchain ecosystem, but the hidden risks behind them cannot be ignored. Recently, Lu Zhihong, a member of the Hong Kong Web3 Development Group, pointed out that there are multiple potential risk sources in the operation of stablecoins, including improper asset allocation, cybersecurity vulnerabilities, and smart contract flaws.
Hong Kong regulators have provided a systematic solution to this. Unlike traditional financial regulation, the regulation of stablecoins covers the entire lifecycle—f