CICC: Stablecoins Possess Potential to Transform into a Novel Infrastructure
2025-07-25 / Read about 0 minute
Author:小编   

Stablecoins are anticipated to evolve into a novel form of infrastructure, necessitating the establishment of incentive alignment among all stakeholders. This evolution could have profound implications on financial markets and the global monetary system. The report underscores that issuing offshore Renminbi (RMB)-denominated stablecoins might be China's favored approach in this domain. Nonetheless, stablecoins serve merely as a conduit for enhancing the internationalization of the RMB. The crux of whether the RMB can attain widespread international trust hinges on the robustness of its legal foundation and practical utility.