Expert Opinion: Stablecoins Are Hard to Become the Mainstream in the Currency Market

MarsBitNews

2025-12-03 01:31:17

According to Mars Finance, on December 3, He Dong, the chief economist of the ASEAN Plus Three Macroeconomic Research Office (AMRO), stated that stablecoins issued by non-bank institutions do not have the ability to create money and have limited capacity to serve the real economy, making it difficult to become mainstream in the money market in the long run. At the same time, the People's Bank of China also pointed out that stablecoins have risks of Money Laundering and fraud. Currently, various regions around the world are researching and developing Digital Money, including Central Banks, banks, and non-bank Financial Institutions that are launching different new payment tools.

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