China's sudden focus on stablecoins is not a whim; it hides a deep strategy to counter the dominance of the US dollar. Although the domestic crackdown on cryptocurrencies continues, with USDT and USDC already monopolizing the global market and achieving a trading volume of $28 trillion in a year, effectively moving US dollar hegemony onto the blockchain. China cannot sit idly by — while the digital yuan is functional domestically, it struggles to operate internationally, as traditional cross-border payments are constrained by SWIFT. Now, Hong Kong is the key piece to breaking the deadlock; leveraging the momentum of the 'Stablecoin Regulation,' it will first practice with US dollar stablecoins before promoting offshore RMB stablecoins, quietly advancing RMB internationalization. This strategy not only circumvents regulatory red lines in the mainland but also tests new financial models in the blockchain era. Ultimately, stablecoins are no longer just a matter for the crypto world; they are becoming a new battlefield for major power financial games. This time, China aims to defeat magic with magic, striving to carve out a place in the era of digital currency. Trying to make moves alone will never lead to opportunities; follow me to uncover tenfold potential coins! Holding top-tier primary market resources!