✨ New trends in the exploration of RMB stablecoins, Shanghai and Hong Kong may innovate synchronously

The National Financial and Development Laboratory has proposed a new concept 💡 considering the simultaneous promotion of RMB stablecoin innovation exploration in the Shanghai Free Trade Zone and Hong Kong~

Based on the Web 3.0 environment, stablecoins have broken through the traditional offshore and onshore boundaries. To achieve strategic coordination, proactive supervision, and collaborative promotion, a domestic and offshore RMB stablecoin linkage model is proposed to support financial innovation and development, with subsequent dynamics worth paying attention to!