Minsheng Securities: Building a stablecoin RWA ecosystem loop, related assets on the chain are expected to become the curtain of the Web3.0 era

According to a report by Jinshi, Minsheng Securities released a research report stating that the strong alliance between the government and enterprises has built an ecological loop of stable currency RWA anchored on high-quality assets in China. The related assets on the chain are expected to become the curtain of the Web3.0 era. Starting from the new energy RWA assets of Ant Group, Langxin Group (300682. SZ), and GCL Energy Technology (002015. SZ), and then in potential directions such as computing power leasing, it will help China's high-quality assets become the core cornerstone of diversified assets on the chain. At the same time, referring to the development history of overseas stock token issuers such as Robin Hood, domestic Internet brokers, financial technology companies, stock or digital currency exchanges are expected to realize value revaluation under this wave, and the "license effect" is the core competitiveness of domestic related manufacturers.