PANews reported on October 28 that according to official news, RD InnoTech Limited, a subsidiary of Circular Coin Technology Group, announced that it has reached a cooperation with HashKey Exchange, a licensed virtual asset exchange in Hong Kong, and plans to launch the Hong Kong dollar stablecoin HKDR on HashKey Exchange in the future. Rita Liu, CEO of RD Technologies Group, said: "HashKey Exchange provides the essential elements for the issuance of stablecoin HKDR: regulatory credibility, a broad network of institutional relationships, and deep liquidity."

Earlier in February this year, it was reported that Yuanbi Technology reached a cooperation intention with HashKey and Allinpay to study the launch of the Hong Kong dollar stablecoin "HKDR" .