Hong Kong crypto exchange OSL sees optimism rise as city enters stablecoin era
stablecoin era.
'We will continue to build ecosystems and networks in this space,' Tiu said. 'We are the long-term partner for this space.'
Stablecoins are a type of cryptocurrency token that maintain a fixed value by being pegged to a reference asset, typically fiat currencies such as the US dollar.
Heightened market anticipation around stablecoins was reflected in OSL's sale of existing shares, top-up subscriptions and new shares last Friday, when it
raised HK$2.36 billion (US$300 million).
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