Recently, A-share stablecoin concept stocks have seen a surge in trading limits, and analysts remind investors to view this rationally
ChainCatcher news, according to Securities Times, on June 25, the concept stocks of stablecoins continued to perform strongly. By the close, Jingbeifang (002987.SZ), Cuiwei Co., Ltd. (603123.SH), and Hailian Jinhui (002537.SZ) hit the daily limit, among which Hailian Jinhui has received three consecutive daily limit increases.The day before, Dongxin He Ping (002017.SZ) and Hailian Jinhui (002537.SZ) also hit the daily limit. Jincai Hulian (002530.SZ) hit the daily limit in the morning session, closing up 6.46% for the day. On the 23rd, Sifang Jingchuang (300468.SZ) hit the 20CM daily limit, with a monthly increase of 82%. Additionally, Chutianlong (003040.SZ) saw a monthly increase of over 67%. Several other concept stocks, including Youbuxun (300531.SZ), Lakala (300773.SZ), Huafeng Superfiber (300180.SZ), Advanced Digital Communication (300541.SZ), Digital Certification (300579.SZ), and Jingbeifang (002987.SZ), also experienced significant gains.In response, Wang Pengbo, chief analyst of the financial industry at Botong Consulting, stated, "Although stablecoins show certain advantages in specific areas such as cross-border payments, this does not mean that stablecoins can replace the existing payment system. Stablecoins are more like a supplement within the vast landscape of the current payment system." Furthermore, from the perspective of the current mainland market, there is no opportunity for stablecoins, as market rates are already very low, and the payment system is well-established and convenient, covering various small and frequent scenarios. Moreover, from a legal standpoint, the central bank has previously explicitly prohibited non-sovereign cryptocurrency payments.
