Within one week of the implementation of the Hong Kong Stablecoin Regulation, the size of the local OTC trading market has decreased by approximately 32.94%.

BlockBeats News, August 12th, according to Bitrace monitoring, within a week of the implementation of the Hong Kong stablecoin regulations, the local OTC market size has decreased by approximately 32.94%. The daily average USDT transfer volume of business addresses of storefront service providers has decreased by 43.20% (from 9.47 million to 5.38 million), while business addresses of non-storefront service providers have decreased by 30.65% (from 42.57 million to 29.52 million).