Pan Gongsheng, governor of the People's Bank of China, pointed out at the 2025 Lujiazui Forum that new technologies such as blockchain and distributed ledgers have promoted the vigorous development of central bank digital currencies and stablecoins.
This statement recognizes the role of blockchain technology in financial innovation and may enhance market confidence in the blockchain and financial technology industries.
At the same time, China keeps a close eye on the development of stablecoins and actively participates in discussions on global stablecoin industry supervision as a bridgehead for Hong Kong's development.