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Bank of China Securities Global Chief Economist: The US dollar stablecoin is not a US legal tender currency, and it is not appropriate to be mythical or superstitious about stablecoins
According to Caixin, at the recent online seminar of the China Macroeconomic Forum (CMF), Guan Tao, global chief economist of Bank of China Securities, said that the US dollar stablecoin is not a legal currency of the United States and lacks the guarantee of sovereign credit. It is possible to take a "wait and see" attitude towards stablecoins. There is no need to rush, there is no need to "myth" or "superstition" stablecoins, and it is necessary to maintain the strategic determination to develo...
2025-07-19 10:45:52
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