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Huaxia Fund Hong Kong: Predicts Fiat Currency Will Become Stablecoin, Only a Few Universal Stablecoins Worldwide
Summary: During the China Wealth Management 50 Forum (CWM50) stablecoin seminar, Huaxia Fund (Hong Kong) CEO Gan Tian made a bold prediction that in the future, whether in 5 years, 10 years, or 20 years, fiat currency will become stablecoins, with only a few universal stablecoins worldwide. Gan Tian added that there are already a few ...
During the China Wealth Management 50 Forum (CWM50) stablecoin seminar, Huaxia Fund (Hong Kong) CEO Gan Tian made a bold prediction that in the future, whether in 5 years, 10 years, or 20 years, fiat currency will become stablecoins, with only a few universal stablecoins worldwide. Gan Tian added that there are already a few transactions in Yiwu that are settled using stablecoins, highlighting the benefits of low cost, speed, timeliness, and efficiency. With the advancement of blockchain technology, it is possible that a global currency consensus may be reached, with all countries attempting to issue their own stablecoins. However, for a country's stablecoin to succeed, it must have a strong financial market and sufficient strength in trade. (Huaxia Fund Hong Kong Official WeChat Account)
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Link: Huaxia Fund Hong Kong: Predicts Fiat Currency Will Become Stablecoin, Only a Few Universal Stablecoins Worldwide [Copy]
