The legislative process for cryptocurrencies in Hong Kong is entering a new stage, and the Shentu Chain plays a crucial role in this process. As a representative project in the Hong Kong zone, the development of the Shentu Chain is receiving a lot of attention. However, its development still faces some limitations, especially regarding the soft sister stablecoin.

Although the Tree Graph Chain has promoted the issuance of soft currency stablecoins, there are still questions about their actual usage rate. If the mainland market is not fully open, even if successfully issued, its significance will be greatly diminished. However, we should not overlook the positive signal conveyed by this initiative.

The Tree Graph Chain promotes the issuance of soft sister currency stablecoins, which actually reflects the mainland's emphasis on the construction of blockchain infrastructure. This may indicate a gradual relaxation of future regulatory policies, showcasing the official open attitude towards the development of blockchain technology.

It is worth mentioning that CFX, as the native coin of the Tree Graph chain, may be affected by these policy changes in its future trends. Investors should closely monitor relevant developments to timely adjust their investment strategies.

Overall, the advancement of cryptocurrency legislation in Hong Kong, coupled with the exploration of stablecoins by the Tree Graph Chain, has injected new vitality into the entire industry. This may not only propel Hong Kong to become a global cryptocurrency center but also promote the prosperous development of the local blockchain ecosystem. We look forward to seeing more positive policies introduced to pave the way for the healthy development of the industry.