Minsheng Securities: Stablecoins are expected to help traditional financial assets conduct "on-chain" transactions

Foresight News, according to Sina Finance, Minsheng Securities stated that in the short term, cross-border payment scenarios are expected to become an important scenario for the implementation and application of stablecoins. Stablecoins are expected to help improve cross-border payment efficiency and reduce cross-border payment costs. Cross-border payment-related financial technology targets are expected to continue to benefit. It is recommended to focus on Lianlian Digital. In the long run, stablecoins are expected to promote virtual asset trading and RWA and STO. Stablecoins are expected to help traditional financial assets conduct "on-chain" transactions. Chinese securities companies are accelerating their layout. For example, Guotai Junan International has upgraded its virtual asset trading license and GF Securities has fully connected to HashKey Chain as the core on-chain issuance network and issuing the first daily redemption tokenized securities GF Token. The leading securities companies and exchange targets are expected to benefit more from the development of stablecoins.

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