[China Petroleum CFO: Will Explore the Possibility of Using Stablecoins for Cross-Border Settlement and Payment] Foresight News reports, according to Yahoo Finance, Wang Hua, CFO and Board Secretary of China Petroleum (Stock Code: 00857), stated during the semi-annual performance briefing that they are aware of the Hong Kong Monetary Authority's plan to issue licenses to 'stablecoin' issuers. China Petroleum is closely monitoring this and will explore the possibility of using stablecoins for cross-border settlement and payment.