Justin Sun: It is recommended that stablecoin project parties do not choose Hong Kong trust institutions

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ODAILY
04-03
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news: In response to the Odaily reporter's question about "how stablecoin projects should ensure the safety of reserves", Justin Sun stated during a live broadcast that he suggests not choosing trust institutions in Hong Kong, but instead selecting listed financial institutions. He also recommended that major banks in Hong Kong could consider putting their reserve information on the blockchain in the future, which would allow immediate detection in case of theft or other incidents.

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