Foresight News reported that according to Daily Economic News, Everbright Securities released a research report stating that the global retail cross-border payment market size will reach 39.9 trillion US dollars in 2024. According to FXC Intelligence, this size is expected to grow to 64.5 trillion US dollars by 2032, with a compound annual growth rate of 6.2% from 2024 to 2032. In the business levels of renminbi cross-border clearing and multi-currency settlement, third-party payment institutions have been deeply embedded in the entire payment service ecosystem, playing an important role. It is expected that stablecoins will drive the global expansion of renminbi cross-border payment infrastructure and diversify application scenarios, thus providing growth opportunities for the revenue of third-party payment companies.