Circle CEO: USDC exchange service is being established in Hong Kong

Jeremy Allaire, the CEO of stablecoin issuer Circle, stated in a recent interview that Hong Kong has become a core business development region for Circle. As an important hub for global trade and capital flows, Hong Kong will help Circle's business development in the Asian market. Currently, Circle is establishing a coin-to-fiat service in Hong Kong to facilitate local users to create and exchange USDC at any time.