HawkInsight

  • Contact Us
  • App
  • English

Angel investor Mai Gang: Relevant departments in China should take immediate action to formulate relevant systems and bills to promote the issuance of overseas RMB stablecoins

According to online news, Mai Gang, an early preacher of Bitcoin and an angel investor in Bubble Mart, said in an interview that at present, the launch of the U.S. dollar stablecoin bill is another important means of international currency competition. Now countries around the world are worried about the U.S. solvency. The issuance of U.S. dollar stablecoin provides huge purchasing power to U.S. bonds. As I said in my 2013 video, the strength of the United States lies in that it has turned crises into opportunities many times and even changed the rules of the game. Therefore, I suggest that relevant departments in China should take immediate action to formulate relevant systems and bills to promote the issuance of overseas RMB stablecoins. Because RMB globalization is a major long-term strategy related to the well-being of the China people. The circulation of physical goods made in China around the world is a strong national strength of China, but please keep in mind that currency is also a special and highest-level commodity. This is the basic knowledge taught by undergraduate courses. I think this is the so-called combination of soft power and hard power.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More