Minsheng Securities: Stablecoins are expected to facilitate "on-chain" transactions of traditional financial assets

ChainCatcher news, according to Sina Finance, Minsheng Securities pointed out that in the short term, cross-border payment scenarios are expected to become an important application for stablecoins. Stablecoins are expected to help improve the efficiency of cross-border payments and reduce cross-border payment costs. Financial technology related to cross-border payments is likely to continue benefiting, and it is recommended to focus on Lianlian Digital.

In the long term, stablecoins are expected to promote virtual asset trading and RWA, STO. Stablecoins are likely to assist traditional financial assets in conducting "on-chain" transactions. Chinese securities firms are accelerating their layouts, such as Guotai Junan International upgrading its virtual asset trading license, and GF Securities (Hong Kong) has fully integrated with HashKey Chain as the core on-chain issuance network, issuing the first daily redeemable tokenized security "GF Token." Leading securities firms and exchange targets are expected to benefit more from the development of stablecoins.