**This episode is recorded in Cantonese**

We invited Louis Li, a key opinion leader in the crypto space, to share with us what are stablecoins, why are they important and what role do they play in the crypto market. 

On top of that, we have also discussed the implications of the recently published Hong Kong Monetary Authority's Discussion Paper on Crypto-assets and Stablecoins. What impact does it make to existing stablecoin issuers? How radical will the future regulations be? 

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