According to Mars Finance, Gan Tian, CEO of China Asset Management (Hong Kong), revealed that multiple institutions are exploring the integrated application of payment + redemption + asset management using stablecoins, including China Asset Management (Hong Kong) itself. Currently, the stablecoin business is at a critical point where “basic rules have been established, and application scenarios are poised for explosion.” From a technical and pilot progress perspective, stablecoins have moved from concept verification to practical implementation. In the future, the global monetary system may converge towards a few mainstream stablecoins, but this process relies on a strong financial market and trade scenarios. (Securities Times)
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