中信证券：继续关注可能获取首批稳定币牌照的发行人 及确定性参与稳定币使用场景创设的场景平台两条主线

Core Insights - The Hong Kong Monetary Authority (HKMA) has released a series of documents regarding the regulatory framework for stablecoin issuers, effective from August 1 [1] - The key document is the "Guidelines for Licensed Stablecoin Issuers," with the most significant guidance for applicants being the "Summary of the Stablecoin Issuer Licensing Regime" [1] - The HKMA encourages potential applicants to contact the regulator by August 31, while mature applicants have a deadline of September 30 [1] - The initial number of licenses to be issued is expected to be in single digits, with the first licenses anticipated to be granted by the end of the year [1] - It is recommended to monitor issuers that may obtain the first scarce licenses and platforms that are definitively involved in creating stablecoin use cases [1]