Analysis: Stablecoins creating demand for U.S. debt investment is just a side effect, and they may be used to pay tuition fees in Hong Kong in the future

Planet Daily News: In an exclusive interview with "China Economic Weekly," Zhu Taihui, a specially appointed senior researcher at the National Laboratory of Finance and Development, pointed out that it would be inappropriate to call this year the "compliance year" for stablecoins. The focus of stablecoin development in the United States is not to alleviate debt, and creating a new investment demand for U.S. Treasury bonds is merely a side effect. Currently, some stores and shopping malls in the United States, Singapore, Europe, and other regions support stablecoin on-site payments. In areas like Hong Kong, as regulatory policies gradually become more open and technology matures, it may become a reality for individuals to use stablecoins to pay tuition fees in the future. (People's Network)