Insider: It is suggested that the construction of national level public chains be led by central state-owned enterprises

According to BlockBeats, on August 2nd, according to Caixin, an insider stated in an interview related to stablecoins that China currently does not have any influential public chains globally. Another insider suggested that the construction of national backbone public chains should be led by central state-owned enterprises, while the construction of industry level public chains can open up market competition. An insider said, "Public blockchains are the infrastructure for stablecoin issuance, which is of great significance and indispensable for us to build an autonomous, controllable, secure, and efficient financial infrastructure system in the digital finance era A person familiar with the policy said, "Stablecoins must be issued on public chains, and the problem now is that whether in Hong Kong or mainland China, China does not have a globally influential public chain. If we use a US public chain, we may face political risks such as US China confrontation in the future and may be 'choked' Next, we need to strengthen investment in public blockchains (i.e. public chains), which should be independently controllable and built in a hierarchical manner. For example, national level backbone public chains should be led by central state-owned enterprises, industry level public chain construction can open up market competition, and scenario level public chain construction should be fully competitive. "Another insider suggested.