According to China Fund News, HashKey Group Chairman Xiao Feng stated that it is possible to consider integrating the RMB stablecoin with the central bank digital currency (CBDC) issued by the People's Bank of China, forming a dual layer architecture that allows licensed stablecoin issuers to open CBDC accounts. This architecture can combine the central bank's experience and technological achievements in CBDC research and development, while mobilizing market forces. Moreover, making the central bank's digital currency a wholesale level digital currency and the RMB stablecoin playing a role in retail and cross-border payments will greatly accelerate the internationalization process of the RMB. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44885