Angel investor Mai Gang: Chinese authorities should take immediate action to formulate relevant systems and bills to promote the issuance of offshore RMB stablecoins

Gold financial news, early Bitcoin evangelist and POP MART angel investor Mai Gang said in an interview that the launch of the US dollar stablecoin bill is another heavy measure of international currency competition. Now countries around the world are worried about the solvency of the United States. The issuance of US dollar stablecoins has provided huge purchasing power to US bonds. As I said in my 2013 video, the power of the United States lies in its repeated turning crises into opportunities and even changing the rules of the game.
Therefore, I suggest that the relevant Chinese authorities should act immediately to formulate relevant systems and laws to promote the issuance of foreign RMB stablecoins. Because the globalization of the RMB is a major long-term strategy for the well-being of the Chinese people. The circulation of physical goods made in China around the world is the strength of China's national power, but please remember that currency is also a special and highest-level commodity, which is the basic knowledge taught to us in undergraduate courses. I think this is the so-called combination of soft power and hard power.