China Asset Management Hong Kong: It is predicted that fiat currency will become stable currency in the future, and there are only a few universal stable currencies in the world

Odaily News Gan Tian, CEO of China Asset Management (Hong Kong), attended the Stablecoin Seminar of the China Wealth Management 50 Forum (CWM50) and expressed his “brain-opening” prediction about stablecoins: in who knows whether it will be 5, 10, or 20 years, fiat currencies will become stablecoins, and there will be only a few universal stablecoins in the world.
Gan Tian added that a number of transactions in Yiwu are settled in stablecoins. The benefits of stablecoins are self-evident: low cost, fast, timely and efficient. I believe that with the promotion of blockchain technology, the world's currency may eventually become unified. In the future, all countries will try to issue their own stablecoins. However, if a country's stablecoin wants to win in the end, it needs to meet two conditions: one is a strong financial market, and the other is strong enough in trade. (Huaxia Fund Hong Kong Official Account)