China Asset Management Hong Kong: Exploring the integrated application of stablecoins for payment, redemption, and asset management

Odaily News Gan Tian, CEO of China Asset Management (Hong Kong), revealed that many institutions are exploring the integrated application of payment + redemption + asset management, including China Asset Management (Hong Kong). At present, the stablecoin business is at the critical point of basic rules have been determined and application scenarios are waiting to explode. From the perspective of technology and pilot progress, stablecoins have entered the practical operation stage from concept verification. In the future, the global monetary system may converge to a few mainstream stablecoins, but this process needs to rely on strong financial markets and trade scenarios. (Securities Times)