Li Lihui: If the United States cannot improve its twin deficits, it may affect the stability of its stable currency
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最新报道：According to the report of Bijie.com, the "2025 International Monetary Forum" was held on July 27. Li Lihui, former president of the Bank of China, believes that stablecoins have the function of innovative financial convenience, but there are also systemic financial risks. He said that the United States hopes to bind stablecoins with the US dollar to maintain global monetary and financial hegemony. If the United States cannot improve its twin deficits, it may affect the stability of its currency value. In addition, he pointed out that Hong Kong's stablecoin can relax domestic access when conditions are met, which will help the internationalization of the RMB. He also emphasized that it is necessary to track the dynamics of decentralized financial markets represented by the United States and enhance China's position in the global monetary and financial system.
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