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The financial magazine published an article discussing the path for China to develop a renminbi stablecoin.
According to Gate News bot, a financial magazine recently published an opinion article suggesting that relevant Chinese authorities conduct in-depth research and evaluation of stablecoins. The article pointed out that relevant departments need to analyze the business models, functional positioning, and stability attributes of stablecoins, while also studying the relationship between stablecoins and Central Bank Digital Currency.
The article also mentions that based on a comprehensive analysis of stablecoins, relevant departments should formulate development plans and policy frameworks for the Renminbi stablecoin according to China's specific national conditions.
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