四方精创：稳定币运作系统由监管机构等多方机构构成

Core Viewpoint - The company acknowledges the complexity of stablecoin operations, which involve multiple institutions such as regulators, issuers, custodians, and traders, indicating that the capabilities mentioned by the investor depend on the collaboration of various systems [1] Group 1 - The company received an inquiry regarding the real-time visibility of Hong Kong dollar stablecoin reserves and its transaction speed compared to USDC [1] - The company expressed gratitude for the investor's interest and provided insights into the operational framework of stablecoins [1] - The response highlights that the processing speed and reserve visibility are contingent upon the cooperation of multiple systems [1]