The windfall for stablecoins is increasing.

Stablecoins, if you consider them as cryptocurrencies, are actually quite similar to Bitcoin and others; the only difference is that they are backed by real assets, which can be fiat currencies or items like artworks. Stablecoins were created by old Mike, and now we want to create them too. Why do we want to do this together? It’s actually a matter of competing for the right to mint money, equivalent to a new currency system and a new settlement method. This is a factor of policy.

Currently, those enthusiastic about issuing stablecoins are mostly e-commerce companies. In China, companies like JD.com and Alibaba, and overseas companies like Walmart and Amazon, are keen on this. Why are they so interested? It’s simply because cross-border settlement is more convenient.

A newly listed company in the US stock market has seen its shares rise continuously, with a 20% increase last Friday. In the A-share market, the previous round of Sifang Jingchuang continues to maintain its strength, while Xiongtai Technology has seen a correction at a high level. Previously the strongest, Hengbao Co. has started to move up recently, and currently remains strong; we need to see which one emerges as the core leader to drive the entire sector's speculation. We’re watching these three to see who stands out.

On the 18th, there will be a Lujiazui Financial Conference, which will stimulate the financial technology sector. If there is early speculation this week, it can be settled in advance for short-term participation. The financial technology, digital currency, and stablecoin sectors overlap substantially; financial technology encompasses these elements.