Hong Kong has announced the upcoming distribution of stablecoin licenses, marking the official launch of a new track. This also means that the encryption financial ecosystem is welcoming new possibilities. On the surface, this appears to be about the local market layout in Hong Kong, but in reality, it is constructing a "world bridge" connecting financial centers and the digital economy. It is not just about the drop in cross-border payment costs; there is also a profound impact on the global financial order hidden behind it.