#Hong Kong Consensus Conference Prediction Markets, Stablecoins, and the Battle for Chinese-language Traffic Are Unfolding Simultaneously? Prediction market projects are exceptionally popular, with about 100 teams rushing in, including players with backgrounds in Macau casinos, who see this as a future form of gambling for Gen Z. Chinese teams are flooding into the stablecoin space, not only limited to USD-pegged types, but also many application-layer projects eager to launch their own stablecoins to control settlement infrastructure.

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