According to Bijie.com, on August 2 (UTC+8), more than 50 companies and institutions flocked to the Hong Kong Monetary Authority to apply for licenses. Among them were a certain state-owned energy enterprise, CITIC Group and other cross-border trade giants. These companies and institutions met with the Hong Kong Monetary Authority's regulatory team to discuss the possibility of applying for stablecoin licenses. The ultimate goal of some institutions seeking licenses is still to establish stablecoins pegged to offshore RMB. Tencent News' "Qianwang" has not yet been able to obtain a comment from CITIC Group.