Li Xunlei from Zhongtai Securities: Researching and Promoting the Legislation of RMB Stablecoins

According to today's news from Li Xunlei's financial and investment official account, the golden financial report, it is a good time to accelerate the internationalization of RMB. In terms of the external environment, the fluctuation of the US dollar index has declined, the pressure on US debt has risen, and the US dollar's risk aversion has weakened. From the perspective of their own development, enterprises going abroad drive the RMB to "go global", and the use of RMB in cross-border business has significantly increased. The lower interest rate level helps to enhance the currency function of RMB financing. Research and promote the legislation of RMB stablecoin. To study the pilot RMB stable currency within a certain range (such as offshore, free trade zone, etc.) and a certain business scenario (such as the "the Belt and Road" cross-border trade, RMB settlement of bulk commodities, etc.), and gradually improve the relevant regulatory system and eventually become law.