Recently, when Ruida Futures was interacting with investors, someone asked them if they were researching a stablecoin trading settlement system. They directly responded, "There’s no such thing." This answer was quite straightforward, without any beating around the bush.

To be honest, the virtual currency market is so hot right now that many people think they can make a lot of money from it. Especially stablecoins, which are pegged to the US dollar, have relatively stable prices, unlike Bitcoin, which fluctuates dramatically. So some speculate that futures companies might also want to get a piece of the pie and set up a dedicated settlement system.

However, Ruida Futures has clearly stated that they are not pursuing this, indicating that they are quite cautious. After all, the regulations on virtual currencies in the country are quite strict, and didn’t many policies come out last year to impose restrictions? As a legitimate futures company, they must follow the policies.

I estimate that their main focus is still on traditional futures business, such as commodity futures and financial futures. Although these businesses may not seem as trendy, they are stable and the regulations are clear. Unlike virtual currencies, where policies change from one day to the next, one could easily step on a landmine.

That said, many young people are currently engaging in virtual currencies, and exchanges are opening one after another. If one day the policies are relaxed, these futures companies might also be tempted. But at least for now, it seems that Ruida Futures has no such plans.

I think their approach is quite wise. The market environment is so complex right now, and rather than taking risks to innovate, it’s better to focus on doing their traditional business well. Remember, not long ago, there were exchanges that ran away with funds? Those involved in virtual currencies lost everything. If a futures company rashly enters the market and something goes wrong, it would be no joke.

In summary, Ruida Futures’ declaration that they are not working on a stablecoin system shows that they are still quite prudent. We ordinary investors should learn from this attitude as well, not just envy others making money, but also clearly understand the risks involved. After all, money doesn’t come from the wind, being cautious is always a good idea.