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![AmyYuInGermany Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1935057964441759744.png) Amy Yu 🇪🇺🇩🇪🇨🇳 [@AmyYuInGermany](/creator/twitter/AmyYuInGermany) on x XXX followers
Created: 2025-07-20 09:40:30 UTC

To counter U.S. stablecoin influence, China plans to “cleverly” issue a HKD stablecoin starting August X. 🥹🥹🥹But it’s still indirectly pegged to the USD/Treasuries, and $400B can’t compete with Trillion. China’s fiscal amateurs, once again, end up helping the dollar while trying to undermine it.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946867804529131678/c:line.svg)

**Related Topics**
[money](/topic/money)
[$400b](/topic/$400b)
[hong kong dollar](/topic/hong-kong-dollar)
[china](/topic/china)
[coins stablecoin](/topic/coins-stablecoin)

[Post Link](https://x.com/AmyYuInGermany/status/1946867804529131678)