Octopus Clarifies Role in Hong Kong's Web3 Loyalty Accelerator Initiative

According to Odaily, Octopus, the company behind Hong Kong's electronic payment system, has addressed rumors regarding its involvement in a stablecoin accelerator program. The company clarified that it will act as an advisor to a conceptual accelerator initiative aimed at exploring next-generation Web3 customer loyalty solutions. This initiative is currently in the exploratory phase and is not a stablecoin product development project, nor does it establish any formal partnership.