Author: Mask


At the Gulf Financial Regulation and Asset Digitization Forum held in Abu Dhabi, financial strategy expert Tian Bangde posed a thought-provoking question to regulatory officials from various countries: "Is the global finance ready to use a set of financial foundational protocols not defined by the West?"
Behind this issue is the third path being explored by the UAE through a "dual-track parallel" monetary system—where Central Bank Digital Currency (CBDC) and stablecoins develop in synergy. Meanwhile, in the skyscrapers of Central Hong Kong, the passage of the "Stablecoin Regulation" by the Legislative Council indicates the impending licensing system set to be implemented on August 1, opening a new window for digital finance in Asia.
Stablecoins are the "trading vessels" of the crypto world—serving as a measure of value and a medium of payment on the blockchain, their core mission is to address the high volatility pain points of native cryptocurrencies. Currently, the mainstream models include fiat-collateralized (such as USDT, USDC), over-collateralized (
MASK2.79%
USDC0.03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Share
Comment
0/400
Aerobicvip
· 07-16 01:40
Hurry and enter a position!🚗
View OriginalReply0
ShizukaKazuvip
· 07-16 01:31
Just go for it💪
View OriginalReply0
APersonIsAGuestAtvip
· 07-16 01:30
In the past 24 hours, over $980 million has been wiped out as XLM, IP, and XRP face massive Liquidation.
View OriginalReply0
Ryakpandavip
· 07-16 01:30
Steadfast HODL💎
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)