TechFlow, June 26 — According to Securities Times, recently shares related to stablecoins have continued to rise, with multiple stocks hitting consecutive trading limits. Several listed companies responded regarding their stablecoin strategies. CloudWalk Technology said its liveness detection technology can be applied to stablecoin wallet security; Jingbei North stated it has accumulated expertise in blockchain and privacy computing technologies; Yuchuang Technology is exploring stablecoin scenario application development with overseas institutions.
Hong Kong Monetary Authority Chief Executive Officer余伟文 (Yu Weiwén) recently published an article stating that stablecoins are not investment or speculative instruments but rather one of the payment tools utilizing blockchain technology, and they do not inherently appreciate in value.
Experts remind investors to view stablecoins rationally and avoid speculative bandwagoning. Wang Pengbo, chief financial industry analyst at Bocom Consulting, pointed out that although stablecoins have advantages in specific areas such as cross-border payments, they cannot replace the existing payment system and are more of a complement to it.
