Internet reports that China Taiwan will hold a public hearing on the "Virtual Asset Services Law" on June 12. It is reported that regulators believe that stablecoins are currently mainly used as a trading medium in the virtual market. Once the scale of use is expanded, application scenarios increase, and it is widely used for cross-border payments, it may affect the sound operation of the existing payment and financial system; Therefore, stablecoins used for payment purposes should be subject to the same supervision as current electronic payments, follow the same business, same risks, and same normative principles, and avoid regulatory arbitrage and unfair competition.