This is really impressive Wuxi Municipal Government: Exploring practical paths for stablecoins to empower foreign trade development. H/T @0xBeyondLee To put it simply, it seems that some high-level officials in mainland China are indeed demanding research on stablecoins and RWAs, so they are rushing forward Just like how Beijing dealt with Hong Kong's compliance before, the Hong Kong stablecoin bill may be a breakthrough point, compliant offshore RMB/USD/HKD stablecoin foreign trade settlement?