Finance - N.A.B.C

Zhang Jianhua: Exploring the Necessity and Feasible Path of RMB Stablecoins

2025/11/16 18:44:24

Zhang Jianhua analyzes that cross-border payments and RWA investment are the main directions for the future development of stablecoins, with the latter potentially holding even greater potential than cross-border trade.

Zhu Guangyao: Suggests Incorporating RMB Stablecoins into the Top-Level Planning

2025/11/16 17:21:39

Regarding how stablecoins pegged to fiat currencies affect the international monetary system and international financial order, Zhu Guangyao stated that stablecoins pegged to the US dollar will usher in the third phase of the Bretton Woods system.

Li Lihui: Stablecoins, Uncertainty Within Certainty

2025/11/16 16:09:09

Stablecoins innovate financial convenience, becoming trading tools in the crypto asset market, cross-border trade market, gray and black market markets, and as an alternative to unstable sovereign currencies.

The US is Attempting to Use Stablecoins to Usher in the Third Phase of the Bretton Woods System

2025/11/16 15:18:35

Studying the establishment and changes of the Bretton Woods system, including the role of stablecoins, must be placed within the broader framework of the global political and economic landscape.

Liu Xiaochun: The "Payment as Settlement" Concept for Stablecoins is a Misconception

2025/11/16 15:09:29

Recently, the stablecoin craze has continued, and discussions surrounding RMB stablecoins have been ongoing. These include questions such as whether to issue them, where they should circulate, and how they should be regulated.

Wang Jian: Will Stablecoins Lead to Increased Money Supply?

2025/11/16 14:59:55

A Discussion on the Impact of Stablecoins on Monetary StatisticsThe Prerequisite for Including Stablecoins in Monetary Statistics: Assuming that stablecoins can be used for daily payments (such as buying water, houses, and stocks) and become close to …

Hong Kong Needs to Develop Stablecoins to Promote Innovation in Offshore RMB Products

2025/11/16 14:47:37

The Hong Kong Legislative Council passed the Stablecoin Bill on May 21, 2025, and it will be implemented on August 1, 2025. According to the Stablecoin Bill, issuing fiat currency stablecoins in Hong Kong, issuing Hong Kong dollar stablecoins in Hong …

Economist Li Xiao: Some Thoughts on Stablecoins

2025/11/16 14:31:13

Domestic discussions and policy adjustments regarding stablecoins have largely been rushed, lacking sufficient time for in-depth and rigorous theoretical reflection and exploration.

Chairman Jerome H. Powell’s Commencement Address at Princeton University

2025/6/7 1:58:52

Thank you, President Eisgruber! I’m honored to have the opportunity to speak here today. Congratulations to Princeton’s Class of 2025 on your tremendous achievement in earning your degrees, and to the parents, family members, friends, and mentors wh…

U.S. to Raise Steel and Aluminum Tariffs – EU Prepares Countermeasures

2025/6/7 1:55:10

On May 31 local time, the European Commission issued a statement expressing regret over the U.S. decision to increase tariffs on steel and aluminum imports and indicated its readiness to take countermeasures.The statement noted that the U.S. governmen…

Tao Dong: U.S. Stablecoin Regulation to Reshape Global Finance

2025/6/7 1:50:13

Last week, three key market developments took center stage: First, the Trump administrations tariff policy was struck down by a circuit court, only to have the ruling temporarily suspended by a federal court. Second, the U.S. made significant strides …

UBS Global Chief Economist: "Mar-a-Lago Accord" Is Merely Speculation

2025/6/7 1:45:30

Since 2025, global trade has revolved around U.S. trade policy, with the long-predicted "weak dollar" finally materializing. The U.S. dollar index briefly fell below the 100 threshold, while Asian currencies continued their strong rally.One …