According to online reports, Li Yang, a member of the China Academy of Social Sciences and chairman of the National Finance and Development Laboratory, said that the integrated development trend of stablecoins, cryptocurrencies and the traditional financial system is difficult to reverse. It is necessary to coordinate the central bank's traditional currency and digital RMB, as well as Alipay, Weixin Pay and other financial innovations that originated from "private" should be noted that Alipay and Weixin Pay are both based on bank deposit accounts. From the perspective that deposits are the main body of money, they have great similarities with stablecoins. Therefore, as long as the system is designed reasonably, there should be no problem in coordinating the development of these official and private payment mechanisms.