CITIC Report: Stablecoin Compliance and Tokenization Acceleration

Stablecoin compliance accelerates , primarily due to regulatory frameworks in Hong Kong and the US. This shift, announced in July 2025, emphasizes the growing trend towards asset tokenization.

CITIC’s emphasis on accelerating stablecoin compliance underscores its industry impact, particularly with the new Hong Kong Stablecoin Ordinance shaping regulatory practices.

The report by CITIC Construction Investment details how accelerating regulatory frameworks, particularly Hong Kong’s pioneering stablecoin legislation, shift market focus from cross-border payments to real-world asset (RWA) tokenization. This highlights significant market changes underway.

The Hong Kong Stablecoin Ordinance

The Hong Kong Stablecoin Ordinance, effective May 2025, introduces a robust licensing regime for fiat-backed stablecoins, including requirements for minimum registered capital and fiat reserves. This legislation supports RWA tokenization, aiming to enhance liquidity and efficiency in financial markets.

Industries such as financial IT and digital currency infrastructure stand to gain from the ordinance, benefiting from institutional flows and adoption. The ordinance focuses on fiat-backed stablecoins, impacting Ethereum and Layer 1 blockchains, crucial for RWA platforms.

“The compliance of stablecoins is accelerating, and asset tokenization is迎来 the ‘equity era’. The global regulatory framework for stablecoins is rapidly taking shape, and the current market focus has expanded from cross-border payments to asset tokenization (RWA), driven by the core values of liquidity release and settlement efficiency improvement.”

International regulatory actions alongside Hong Kong’s precedent are anticipated to influence global stablecoin compliance standards. Financial and technological sectors must align with these evolving frameworks to leverage new market opportunities effectively. Historical trends support expectations for enhanced market transparency and liquidity.