According to Jinse Finance, Tianyang Technology (stock code 300872) stated during an institutional survey that certain exchanges and other institutions have already participated in the Hong Kong dollar stablecoin pilot. The company continues to adopt an open ecosystem strategy, hoping to attract more partners to join. Additionally, the circulation of stablecoins outside its own ecosystem still requires infrastructure support from third-party institutions, and there are clear opportunities for cooperation in the circulation process involving U cards. At present, the company has entered the final stage of cooperation with a Hong Kong dollar stablecoin issuing institution. (Sina Finance)