China CITIC Securities: Continue to be optimistic about the development of the stablecoin industry

According to a report by JinShi, CITIC Securities pointed out that the global stablecoin policy and industry continue to make efforts, and the industry ecology continues to prosper. The development of cryptocurrencies and stablecoins in Hong Kong will greatly promote the internationalization of the renminbi and cross-border payments. It is recommended to pay attention to cross-border payment related targets.