币界网报道:On July 2, Liu Bin, director of the Financial Research Office of the Pudong Institute of Reform and Development, recently wrote an article pointing out that in the face of the challenges brought by the USD stablecoin, China should adhere to two parallel efforts. On the one hand, the international application of the digital RMB should continue to be promoted. Taking the Digital RMB International Operation Center as a starting point, explore the application of digital RMB in cross-border payments, cross-border investment and financing, cross-border trade and other scenarios, and gradually expand the scope of application of digital RMB. On the other hand, relying on the favorable conditions of Hong Kong, Shanghai should strengthen cooperation with the two major international financial centers in Hong Kong, establish a financial regulatory cooperation mechanism, promote Hong Kong to issue offshore RMB stablecoins, strengthen the interaction and cooperation between the two financial centers in risk prevention, capital inflows, technical standards and account arrangements, and form a benign development pattern of onshore digital RMB and offshore RMB stablecoins. (21st Century Business Herald) [BlockBeats]