Public Perception of Virtual Assets and Tokenized Money

35 100% 3.14% Currently, stablecoins provide a payment solution for virtual asset market participants as they are less volatile than unregulated tokens (e.g., Bitcoin) and are linked to assets that have more stable values, such as fiat currencies (e.g., USD) or commodities (e.g., Gold). However, many stablecoins are self-regulated and rely on regular disclosure of their underlying asset pool to maintain user confidence. If stablecoins were issued locally and regulated by relevant authorities in Hong Kong, 38.50% of respondents would be interested in using them for virtual asset transactions, 23.25% would not be interested, and 38.26% remained neutral. Figure 35. Interest in Locally Issued, Regulated Stablecoins for Virtual Asset Transactions Supposing there are local issuers of stablecoins which are regulated by relevant regulatory authorities in Hong Kong, will you be interested in using locally issued stablecoins for virtual asset transactions? 10% 0% 40% 70% 20% 50% 80% 30% 60% 90% 100% 6.91% 11.31% 38.26% 26.83% 8.53% 5.03% 3.14% 1 3 2 4 7 6 5 (1 = Absolute No ; 4 = Neutral ; 7 = Absolute Yes)