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JD Group Vice President Proposes Hong Kong Develop Stablecoin for Offshore RMB to Compete in International Currency Arena
Summary: According to reports from Wen Wei Po in Hong Kong, Shen Jianguang, Vice President of JD Group, suggested at the Wealth Management Expo 2025 opening forum that the RMB has unique advantages in international development. Despite significant progress in RMB internationalization, there is still ample room for growth in global currency usage. Hong Kong can ...
According to reports from Wen Wei Po in Hong Kong, Shen Jianguang, Vice President of JD Group, suggested at the Wealth Management Expo 2025 opening forum that the RMB has unique advantages in international development. Despite significant progress in RMB internationalization, there is still ample room for growth in global currency usage. Hong Kong can lead in developing offshore RMB and then promote it worldwide. He proposed that Hong Kong could develop a stablecoin for offshore RMB, helping the RMB secure a place in the competition as the next generation of international currencies.
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Link: JD Group Vice President Proposes Hong Kong Develop Stablecoin for Offshore RMB to Compete in International Currency Arena [Copy]
