最新报道：According to the report of Bijie.com, Zhu Guangyao, former vice minister of the Ministry of Finance, shared his observations on the recent dynamics of stablecoins in his speech at the closed-door seminar "The Future of Stablecoins" of the New Economist Think Tank, interpreted the adjustment of the US policy on stablecoins, and proposed my country's policy path to deal with stablecoins from a macro perspective after analyzing the relevant data of stablecoins. Talking about how stablecoins pegged to fiat currencies affect the international monetary system and international financial order, Zhu Guangyao said that stablecoins pegged to the US dollar will usher in the third stage of the Bretton Woods system. As for what strategy China should adopt to deal with the issue of stablecoins, Zhu Guangyao believes that it can be promoted from three aspects. First, we should make full use of the pilot of the offshore market in the Hong Kong Special Administrative Region. The Hong Kong Stablecoin Ordinance will officially take effect on August 1 this year. As China's window to the outside world, Hong Kong provides a key platform for the implementation of relevant measures. We must fully affirm and give play to this role of Hong Kong, strengthen policy communication between the mainland and Hong Kong financial regulatory authorities, and firmly grasp this precious window opportunity. Second, the core strategy of stablecoins must revolve around the RMB. Whether it is offshore RMB or onshore RMB, it is necessary to promote the establishment of stablecoins pegged to the RMB. While supporting the Hong Kong banking system, the RMB stablecoin must be incorporated into the upper-level design of the national financial strategy for overall planning. Third, we must closely monitor the global use of stablecoins pegged to fiat currencies, especially in the following three aspects. First, we must closely monitor the implementation of the stablecoin bill once it becomes law on August 1 as Trump said; second, we must monitor the promotion of stablecoins pegged to fiat currencies in different regions and countries; finally, we must observe the role played by national regimes, regulatory agencies, and commercial institutions in the issuance of stablecoins pegged to fiat currencies.