Institutions Explore Integrated Stablecoin Applications

According to Odaily, Gan Tian, CEO of China Asset Management (Hong Kong), has revealed that multiple institutions are exploring integrated applications of stablecoins for payments, subscriptions, and asset management, with China Asset Management (Hong Kong) among them. Currently, the stablecoin industry is at a critical juncture where foundational rules are established, but application scenarios are yet to fully emerge. From a technical and pilot progress perspective, stablecoins have moved from proof of concept to practical implementation. In the future, the global monetary system may converge towards a few mainstream stablecoins, although this process will rely on robust financial markets and trade scenarios.