Today I posted a question on pyq: What is the logic behind Hong Kong and China developing on chain stablecoins I have received some guidance from some experts, and I would like to share it with you here: Kou (the old American) can go to me or go to me, making leaders and the masses feel at ease, happy, and providing emotional value 2. "Go buy city bonds to earn profits" The people from Guojun International only obtained the license for Hong Kong stablecoins to manipulate the stock price, and they don't really know what they're doing with it. It's estimated that the offshore RMB stablecoin will come down within this year. What people are thinking about now is to use it for national bonds, hoping that overseas money can buy it, but overseas money actually has no knowledge of this thing Currently, listed companies are not very concerned about landing, they just need to ride on the concept. Basically, no one cares about the bottom layer behind it, they only ask what relevant business they can install and then speculate on stock prices The government may have been misled into thinking it could turn into debt, but at least there is no clear path now, it's all based on the logic of occupying the pit first. I don't know what it can do. The central bank is quite anxious, and it's estimated that policies will be issued in July