RD Technologies, which is developing a stablecoin backed by Hong Kong dollar, raised $40M ahead of HK's stablecoin licensing regime set to take effect on Aug. 1 (Timmy Shen/The Block)

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RD Technologies, which is developing a stablecoin backed by Hong Kong dollar, raised $40M ahead of HK's stablecoin licensing regime set to take effect on Aug. 1 (Timmy Shen/The Block)

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