最新报道：According to the news from the Coinnet on July 8, according to the First Financial News, the reporter learned from industry insiders that Hong Kong's stablecoin licenses are relatively scarce and in high demand. It is expected that the number of licenses will be only in the single digits. However, in addition to the official announcements of JD.com, Standard Chartered, Yuanbi, etc., more than 40 companies are ready to submit applications. According to the feedback from the law firm, there are dozens of intentions to apply. At present, they are in the stage of consulting or preparing materials. The competition is very fierce. The applicants are basically the largest financial institutions and Internet companies in China, while some small companies that intend to apply have little hope. Against this background, the expectation of stablecoins to reconstruct the global monetary system has increased. Qiao Yide, vice president and secretary of the Shanghai Development Research Foundation, told the First Financial News reporter that the efficiency of cross-border payments that can be improved by stablecoins may not be as high as everyone expected. Some studies have pointed out that the actual cost may be close to 1%, rather than the extremely low level advertised. At the same time, stablecoins are anchored on sovereign currencies. They are actually an extension and diffusion of the functions of legal currencies and cannot subvert the system on which they depend for survival. Although the current market is in full swing and major institutions are scrambling to enter the market, there is even such a view that stablecoins will reconstruct and subvert the international monetary system. But in the eyes of industry insiders, this is undoubtedly exaggerating the impact of stablecoins.