Former Vice President of Bank of China, Wang Yongli, issued a statement stating that considering that stablecoins (actually tokens pegged to sovereign currencies) have been launched and operated for 10 years, becoming increasingly sophisticated and stable, one possible path may be to use the technology system of stablecoins to transform sovereign currencies, so that sovereign digital currencies can be quickly launched and replace stablecoins (no longer requiring specialized tokens). https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=40224