{"id":12951,"date":"2024-10-28T13:23:00","date_gmt":"2024-10-28T05:23:00","guid":{"rendered":"https:\/\/group.hashkeydev.com\/?p=12951"},"modified":"2026-07-22T13:26:21","modified_gmt":"2026-07-22T05:26:21","slug":"rd-innotech-targets-future-stablecoin-launch-with-hashkey-exchange-advancing-cross-border-payment-ambitions","status":"publish","type":"post","link":"https:\/\/group.hashkey.com\/zh\/rd-innotech-targets-future-stablecoin-launch-with-hashkey-exchange-advancing-cross-border-payment-ambitions\/","title":{"rendered":"RD InnoTech Targets Future Stablecoin Launch with HashKey Exchange, Advancing Cross-Border Payment Ambitions"},"content":{"rendered":"
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Oct. 28, 2024<\/strong> – RD InnoTech Limited (RD InnoTech), a subsidiary of RD Technologies Group, is steadily advancing the issuance of its HKDR stablecoin. From the outset, RD InnoTech has focused on ensuring HKDR complies with rigorous regulatory standards while preparing for seamless market entry to support international payments and cross-border transactions. On July 18, 2024, RD InnoTech was admitted into the Hong Kong Monetary Authority (HKMA) stablecoin sandbox, establishing a crucial framework for future compliant operations.<\/span><\/p><\/div>

RD InnoTech\u00a0plans to roll out its HKDR stablecoin on Ethereum in the future. RD InnoTech has selected Ethereum for its strong global liquidity and established ecosystem, proven stability, and secure, decentralized infrastructure\u2014ensuring reliable, large-scale financial operations.<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Hash Blockchain Limited (HashKey Exchange) Partnership: Driving Growth and Market Access<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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RD InnoTech plans to launch on Hashkey Exchange, the largest* licensed virtual asset trading platform approved by the Hong Kong Securities and Futures Commission (SFC), marking a pivotal step towards realizing its vision of enabling seamless, more efficient and compliant global payments through stablecoin integration.<\/span><\/p><\/div>

Ms. Rita Liu, CEO of RD Technologies Group, highlights the strategic value of working with HashKey Exchange: \u201c We are very excited to be working with\u00a0 HashKey Exchange because they bring critical components we need to launch HKDR successfully: regulatory credibility, vast institutional relationships, and deep liquidity. Their compliance with Hong Kong\u2019s VATP regulatory regime reinforces trust with partners and regulators.\u201d<\/span><\/p><\/div>

Ms. Rita Liu adds that Hong Kong\u2019s role as a gateway between East and West strengthens stablecoins\u2019 potential for capturing Asia\u2019s growing demand in leveraging stablecoins for facilitating cross-border trade and payments: \u201cStablecoins can eliminate friction in global transactions by synchronizing information and asset flows. We are building a compliant, stable digital currency that unlocks speed and affordability for businesses across borders.\u201d<\/span><\/p><\/div>

\u201cWe are excited to make a significant breakthrough in the Hong Kong stablecoin market and the global cross-border payment sector through our close collaboration with RD InnoTech. HKDR will not only lower transaction costs but also improve the efficiency of fund flows, providing global enterprises with a compliant and stable currency. This initiative will greatly enhance global trade and strengthen financial connectivity. As the largest licensed virtual asset exchange in Hong Kong, HashKey Exchange is fully committed to supporting this innovation, ensuring that professional investors can easily access this compliant stablecoin, backed 1:1 by the Hong Kong dollar^. Moving forward, HashKey Exchange will act as the \u2018nerve center\u2019 to continuously drive the development of compliant stablecoin operations,\u201d said Mr. Livio WENG, CEO of HashKey Exchange.<\/strong><\/span><\/p><\/div>

By combining regulatory rigor, strategic partnerships, and blockchain innovation<\/strong>, RD InnoTech aims to position HKDR as a key enabler<\/strong>\u00a0of the future global payment landscape<\/strong>. The partnership with HashKey represents a critical step toward this goal, aligning with Hong Kong\u2019s ambition to become a global digital asset hub and setting the foundation for stablecoin adoption across Asia and beyond<\/strong>.<\/span><\/p><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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About RD Technologies Group<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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RD Technologies Group (RD Technologies) is the financial platform that bridges the Web2 and Web3 worlds. It deploys innovative fintech to build a business world interconnected by trust. Based in Hong Kong and connected with the global community, RD Technologies was born out of a mission to enable businesses to gain easier access to financial services, enhance trade efficiency, and promote the development of Hong Kong as a trade hub in Asia and an international financial centre. For details: https:\/\/rd.group<\/a><\/span><\/p><\/div>

Secure and innovative solutions managed by subsidiaries under RD Technologies include:<\/span><\/p><\/div>