Odaily Planet Daily News: Gan Tian, CEO of Huaxia Fund (Hong Kong), revealed that multiple institutions are exploring the integrated application of payment + subscription and redemption + asset management for stablecoins, including Huaxia Fund (Hong Kong) participating in this exploration. Currently, the stablecoin business is at a critical point where 'basic rules have been established, and application scenarios are yet to explode.' From a technical and pilot progress perspective, stablecoins have transitioned from concept validation to practical operation. In the future, the global monetary system may converge towards a few mainstream stablecoins, but this process requires reliance on a strong financial market and trade scenarios. (Securities Times)