Analysis: Stablecoins creating demand for US bond investments is just a side effect, and may be able to pay tuition fees in Hong Kong in the future

Odaily Planet Daily News Zhu Taihui, a specially appointed senior researcher of the National Finance and Development Laboratory interviewed by China Economic Weekly, pointed out that it was inappropriate to call this year the "first year of compliance" of the stable currency. The focus of the development of the stable currency in the United States was not to ease debt, but to create a new investment demand for the US treasury bond was just a side effect. At present, some stores and shopping malls in the United States, Singapore, Europe and other places support on-site payment with stablecoins. In Hong Kong and other regions, with the gradual opening of regulatory policies and the maturity of technology, it may become a reality for individuals to use stablecoins to pay tuition fees in the future. (People's Daily Online)