Wu said that, according to Jiemian News, Dongxin Peace, a company listed on the Shenzhen Stock Exchange, stated during an institutional research on June 13 that global regulations on stablecoin issuers have become clearer, covering compliance licenses, asset reserve transparency, risk management, and consumer protection; the company will leverage blockchain, 5G, and security technology, in collaboration with the China Telecom Research Institute and Shanghai Shutu Research Institute, to explore the practical applications of stablecoins in payment, cross-border settlement, and digital assets.