CITIC Securities: Pay attention to stablecoin issuers with high certainty of approval

Odaily Planet Daily News CITIC Securities Research Report stated that the stablecoin industry is in the ascendant and is a bridge between digital assets and the real world. With the implementation of regulatory policies around the world, the industry is expected to achieve compliant development. In the future, the application layer is expected to continue to expand in breadth and depth to provide support for the demand for stablecoins. Recommended attention: 1) Stablecoin issuers that clearly apply for approval with high certainty. 2) In the long run, application scenarios determine future space, focusing on related targets and industry participants that may constitute a closed loop of issuance and application ecology. (Jinshi)