Pan Gongsheng: New technologies such as blockchain and distributed ledger promote the vigorous development of the central bank's digital currency stablecoin
According to the network report, Pan Gongsheng, governor of the central bank, said at the 2025 Liujiazui Forum that new technologies accelerate the application of new technologies in the field of cross-border payment. New technologies such as blockchain and distributed ledger promote the vigorous development of digital currency stable currency of the central bank, realize the reshaping of traditional payment system from the bottom of payment and settlement, greatly shorten the chain of cross-border payment, and pose great challenges to financial supervision. Technologies such as smart contracts and decentralized finance will also continue to promote the evolution and development of cross-border payment systems.
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