Hong Kong's CMU OmniClear to support CBDC settlement by year-end
- —CMU OmniClear is jointly owned by the HKMA and HKEX
- —The platform aims to support CBDC settlement by year-end
- —It will explore links with tokenized deposits and licensed stablecoins
- —The yuan counter for Hong Kong stock trading will launch by July 1, 2026
Why it matters: Hong Kong is accelerating the integration of CBDC and stablecoins into market infrastructure, setting a benchmark for other Asian financial hubs.
Source: PANews