Odaily News CZ stated in an interview with Caixin that stablecoins can not only promote cross-border payments but also support the real economy in multiple ways.

First, the issuers of US dollar stablecoins have bought the vast majority of their funds in US Treasuries, making the promotion of stablecoins a financing method for government authorities, "No country would not want this."

Second, the development of the cryptocurrency industry drives the innovation of upstream and downstream industries such as electric energy, just as the growth of the gaming industry has led to the rise of chip companies like Nvidia.

Thirdly, the development of stablecoins can provide liquidity functions for on-chain financing, especially attracting a large amount of funds from countries outside of the local currency.