#稳定币与数字货币发展 Recently, I have observed new developments in the digital currency space and would like to share some thoughts with everyone.

The world is indeed undergoing a redefinition of digital currencies—both the US and Hong Kong are pushing for stablecoin legislation, while China's policy direction is becoming increasingly clear: firmly developing the digital yuan while remaining cautious about virtual currencies. This seeming contradiction actually reflects a deeper difference in understanding.

Digital yuan and virtual currencies are two completely different paths. One is the digital upgrade of a sovereign currency, backed by national credit and central bank support; the other is decentralized assets, pursuing technological innovation and free circulation. Their goals, mechanisms, and governance models are fundamentally different.

I believe this is actually a good thing. Clear policies mean a healthier ecosystem—projects and communities that genuinely care about technological value and believe in decentralization will develop more steadily in a well-defined environment. At the same time, the promotion of the digital yuan also proves one fact: the future of digital currencies is certain, only the forms and pathways will vary according to local conditions.

For us, instead of worrying about policy restrictions, it’s better to focus more on sectors like DeFi and DAOs that are thriving in overseas markets. The power of decentralization is global, and good projects and ideas will eventually find their place.

What are your thoughts on this trend?