The Hong Kong universal electronic toll collection system Octopus will participate as a consultant in the accelerator program related to Web3 customer loyalty.

Odaily News In response to market rumors that Hong Kong's Octopus electronic payment system will launch a stablecoin accelerator program, the company clarified that it will support an accelerator program for the conceptual exploration of a new generation of Web3 customer loyalty solutions as an advisor, in order to promote the future development of Hong Kong's fintech. This program is currently in the conceptual exploration phase and does not constitute a stablecoin product development project, nor does it establish a formal partnership. (Xin Bao)

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