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CICC: Stablecoin Purchase of Tokenized Stock Assets Will Directly Impact Stock Market Funds Inflow/Outflow
Summary: According to CICC's publication 'The Potential Impact of Stablecoins on the Financial System,' it pointed out that from the perspective of currency creation, decentralized lending activities within the decentralized financial system realize the creation function of 'quasi-currency,' especially through stablecoin purchases of tokenized stock assets, which will directly impact the inflow/outflow of funds into the ...
According to CICC's publication 'The Potential Impact of Stablecoins on the Financial System,' it pointed out that from the perspective of currency creation, decentralized lending activities within the decentralized financial system realize the creation function of 'quasi-currency,' especially through stablecoin purchases of tokenized stock assets, which will directly impact the inflow/outflow of funds into the stock market. From the market sentiment perspective, cryptocurrency price fluctuations greatly affect stock market expectations. Historically, there has been a certain correlation between the NASDAQ index and Bitcoin prices. Assets related to cryptocurrencies and stablecoins in the stock market, such as cryptocurrency exchanges and financial institutions, impact stock prices through fundamental changes. For the Hong Kong dollar, regulating stablecoin issuance, especially Hong Kong dollar stablecoins, helps enhance the influence of the Hong Kong dollar in cross-border payments, cryptocurrency, and other areas, strengthening the competitiveness of Hong Kong's financial industry and the Hong Kong dollar internationally, consolidating the position of Hong Kong as an international financial center in China.
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Link: CICC: Stablecoin Purchase of Tokenized Stock Assets Will Directly Impact Stock Market Funds Inflow/Outflow [Copy]
