Zhu Taihui, a specially appointed senior researcher at the National Institution for Finance and Development, said in an interview with China Economic Weekly that it is inappropriate to call this year the "compliance first year" for stablecoins. The focus of the United States in developing stablecoins is not to alleviate debt, and creating a new investment demand for U.S. Treasury bonds is only a side effect. Currently, some stores and shopping malls in the United States, Singapore, Europe and other places support on-site stablecoin payments. In Hong Kong and other regions, with the gradual opening of regulatory policies and the maturity of technology, it may become a reality for individuals to use stablecoins to pay tuition fees in the future. (People's Daily) [Odaily Planet Daily News]

Analysis: Stablecoins create US Treasury investment demand as a side effect; in the future, they may be used to pay tuition in Hong Kong