It was learned that Wang Yongli, former vice president of the Bank of China, published an article titled "The Accelerated Development of Dollar Stablecoins Brings Profound Warnings," which points out that the United States is legislating to protect and support the mining and trading of crypto assets, even becoming a national strategic reserve, supporting the legal operation of dollar stablecoins, enhancing the demand for U.S. Treasury bonds and the international influence of the dollar, which has significant and far-reaching strategic implications. Hong Kong is actively promoting the development of Web3.0 along with crypto assets and Hong Kong dollar stablecoins, and companies from the mainland are also actively participating. Consider launching an offshore renminbi stablecoin in Hong Kong, initially for overseas crypto asset trading payment settlement, to explore the development of renminbi stablecoins and even digital renminbi.