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Wu said that according to Jiemian News, Dongxin Heping, a company listed on the Shenzhen Stock Exchange, said in an institutional survey on June 13 that the global supervision of stablecoin issuers has become clear, covering compliance licenses, asset reserve transparency, risk management and consumer protection; The company will rely on blockchain, 5G and security technologies, and cooperate with China Telecom Research Institute and Shanghai Shutu Research Institute to explore the application of stablecoins in payment, cross-border settlement and digital asset scenarios.