Jinan government reprints articles related to stablecoins: three aspects of value technology supervision, and cross-border payments are widely used.

According to Foresight News, the Jinan Municipal People's Government Research Office reprinted the article "What is the stablecoin that is hotly discussed around the world?" in Xinhua News Agency, which mentioned: The stability of stablecoins is mainly reflected in three aspects: one is to stabilize value, two is to stabilize technology, and three is to stabilize supervision. Stablecoins have been around for more than ten years, and their uses are relatively widespread. Whether it is the use of traditional crypto markets or the use of the real world, they use more of stablecoins, that is, the functions of currency, including the five functions of value scale, payment means, circulation means, storage means, and world currency. Currently, cross-border payment and settlement functions are mostly used.


Current issuers of stablecoins include companies that develop stablecoins (such as Circle), large e-commerce companies (such as JD.com), and licensed financial institutions, including but not limited to Standard Chartered Bank in Hong Kong, including large banks in Europe and the United States, who earn the income from the payment and settlement part through the issuance of stablecoins.

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