According to online reports, Wang Yongli, former vice president of Bank of China, issued a document pointing out that the market value of the U.S. dollar stable currency has exceeded US$240 billion, accounting for more than 99% of the world's fiat currency stable currencies, and the annual settlement volume exceeds US$27.6 trillion, surpassing the scale of Visa and MasterCard. The United States has passed legislation to support the development of crypto assets and dollar stablecoins. It is actively seizing the commanding heights of the digital finance field and enhancing the international influence of the dollar, which is of great strategic significance. Wang Yongli suggested that China adjust its policies on encrypted assets and stablecoins, learn from Hong Kong's stablecoins supervision experience, and consider launching offshore RMB stablecoins. At the same time, digital RMB should break through the M0 and retail positioning, integrate resources to improve efficiency, and accelerate widespread use at home and abroad. He emphasized that combining the advantages of digital currency and digital identity, China is entirely likely to achieve world leadership in the development of digital finance and digital economy.