Two major pain points of offshore RMB: difficult circulation and limited investment channels.



If we turn it into a stablecoin, it solves the problem. Just think about how China has given tens of trillions in foreign aid to those African countries, all using offshore RMB stablecoins. They have to accept it, and those countries can use it to buy RWA for interest, right?

Let them buy RWA assets from Hong Kong and the mainland. What's even more incredible is that this offshore renminbi has not yet left the banking system; it still lies in the bank. It's amazing.
RWA1.69%
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