PANews July 21 news, according to reports from the interface, Minsheng Securities pointed out that in the short term, cross-border payment scenarios are expected to become important scenes for the application of stablecoins. Stablecoins are expected to help improve the efficiency of cross-border payments and reduce cross-border payment costs. Financial technology targets related to cross-border payments are expected to continue benefiting, and it is recommended to focus on Lianlian Digital. In the long term, stablecoins are expected to promote virtual asset trading and RWA, STO. Stablecoins are expected to assist traditional financial assets in conducting 'on-chain' transactions. Chinese securities firms are accelerating their layout, for example, Guotai Junan International is upgrading its virtual asset trading license, and GF Securities (Hong Kong) has fully connected to HashKey Chain as its core on-chain issuance network, and has issued the first daily redeemable tokenized security 'GF Token'. Leading securities firms and exchange targets are expected to benefit more from the development of stablecoins.