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PetroChina Explores Possibility of Cross-Border Settlement with Stablecoins

Summary: In breaking news, PetroChina (00857) CFO Wang Hua stated at the half-year performance conference that the company is closely monitoring the Hong Kong Monetary Authority's moves to issue licenses to stablecoin issuers, and is exploring the possibility of using stablecoins for cross-border settlement and payments.

In breaking news, PetroChina (00857) CFO Wang Hua stated at the half-year performance conference that the company is closely monitoring the Hong Kong Monetary Authority's moves to issue licenses to stablecoin issuers, and is exploring the possibility of using stablecoins for cross-border settlement and payments.

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