"Offshore Renminbi Stablecoin on the Horizon: Can It Challenge the Dollar's Hegemony?" The article systematically outlines the background, policy progress, and pathways for the accelerated implementation of the Renminbi stablecoin in Hong Kong, noting that giants like JD.com and Ant Group have applied for licenses, and Hong Kong has also taken the lead in completing legislation to establish a regulatory framework. The article clarifies common misconceptions about stablecoins, emphasizing that their essence is an on-chain reflection of fiat, rather than decentralized currency. In the strategy for the internationalization of the Renminbi, the offshore stable...

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DecentralizedEldervip
· 07-18 01:13
This is the first fire in Hong Kong.
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LightningClickervip
· 07-18 00:38
Isn't it bad enough in Hong Kong?
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MemecoinResearchervip
· 07-15 21:49
meh... stablecoin wars are just fiat drama with extra steps tbh
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ConsensusBotvip
· 07-15 01:42
I'm telling you, just this thing.
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PrivacyMaximalistvip
· 07-15 01:34
It's just a shadow person on the fiat on-chain.
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GasFeeNightmarevip
· 07-15 01:31
I’m afraid the gas fee is going to rise tenfold...
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BearHuggervip
· 07-15 01:17
As long as you can炒得起.
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