Odaily Planet Daily News: Zeng Gang, chief expert and director of the Shanghai Financial and Development Laboratory, pointed out that we should fully utilize the payment convenience of emerging stablecoins and digital currencies to promote the upgrading of financial services within a controllable range, meeting the real needs of social members for efficient, safe, and low-cost payment tools. However, we must remain highly vigilant against the potential monopolization of payment channels, user data, and business opportunities by non-bank institutions, and effectively prevent the accumulation of systemic financial risks, the formation of information silos, and regulatory arbitrage phenomena. Zeng Gang stated that new currency tools such as stablecoins and crypto assets will continue to penetrate into real economic activities, bringing greater convenience and options for market participants. (Caixin)