Good bombing night, high specifications for stablecoins, will there be a repair tomorrow?
According to reports, the Financial Committee's open letter states that assessing the role of stablecoins in the payment re-application field is a priority.
Moreover, it is proposed that stablecoins be listed as a focus of the G20. Everyone should know what this meeting means? If the proposal passes, it means that stablecoins will develop on a large scale globally.
On August 1st, Hong Kong will begin reviewing the issuance of the first stablecoin issuance license. Currently, the logic behind stablecoin speculation revolves around trading licenses and MSO licenses. Only after the issuance license is granted will the circulation of stablecoins begin. After circulation, there will be further applications and usage scenarios, including the realization of cross-border payments, etc.
If the G20 summit discusses the issue of stablecoins separately, then stablecoins will accelerate their development, and there will be no doubt that stablecoins will become the absolute main line. There's no need to worry that stablecoins have been around for over a month; it’s still far from over! Remember, last year, the robots ran from September until March of this year, which was six months. Now, stablecoins have only been around for a month; it’s far from finished!
Since July, stablecoin speculation has started to attract followers. There have been local market conditions every day, and last Friday it began to ferment into Shanghai stablecoin (RDA real data assets), which is a branch of RWA.
So stablecoins are far from over because stablecoins are related to internet finance, which is deeply tied to indices. Therefore, as long as the indices do not end, stablecoins will continue to strengthen!