China Petroleum Financial Director: Studying the possibility of stablecoins as cross-border settlement and payment

According to Foresight News, according to Yahoo Finance, Wang Hua, the financial director and secretary of the board of directors of China Petroleum (stock code 00857), said at a half-year performance press conference that he has learned that the Hong Kong Monetary Authority plans to issue a license for the issuer of "stable currency". PetroChina is closely watching this and will study whether stablecoins can be used as cross-border settlement and payment.
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