Liu Peng, CEO of JD Coin Chain Technology, recently stated in an interview with Bloomberg Businessweek/Chinese Edition that, at the product technology level, there is little difference between issuing offshore RMB stablecoins and Hong Kong dollar stablecoins. In addition, the potential application scenarios of offshore RMB stablecoins are already in place, such as the Belt and Road Initiative. JD Coin Chain has been supporting and promoting the future issuance of offshore RMB stablecoins, but we not only need to consider commercial logic, but also need to make comprehensive considerations from the perspective of legal compliance, and ultimately whether offshore RMB stablecoins can be implemented still depends on mainland regulation.
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JD CoinChain Technology CEO: Whether offshore RMB stablecoin can be implemented still depends on mainland supervision
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