币界网报道：According to the news from Bijie.com, on June 20 (UTC+8), Cathay Haitong Securities Research released a report entitled "Stablecoins: How to Reshape Global Currency and Assets". The report discusses in detail the current status and future prospects of the stablecoin market, and analyzes its impact on major asset classes. The report points out that there are six common misunderstandings about stablecoins. First, the value of stablecoins is not absolutely stable, but is affected by technical de-anchoring risks and the volatility of anchored assets. Secondly, not all fiat currencies can issue stablecoins in large quantities, and development depends on the acceptance of fiat currencies. Regarding the US dollar stablecoin, the report believes that it will not only not weaken the credit of the US dollar, but will strengthen the international status of the US dollar, but may challenge the monetary systems of other countries. In addition, the US dollar stablecoin has limited impact on the US short-term debt market and cannot significantly help alleviate its pressure. In terms of money supply, the issuance of US dollar stablecoins only delegates part of the authority to the issuing company, while the Federal Reserve still controls the main regulatory power. Finally, the support of stablecoins has limited impact on the real asset (RWA) market, and its development depends more on the quality of the underlying assets.