Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
President of Nankai University: The push for a unipolar stable currency by some countries will exacerbate systemic risks due to the spillover of US debt and US dollar volatility
3hours ago

Odaily Planet Daily News: Chen Yulu, President of Nankai University, said in his opening speech at the "2025 International Financial Forum" that artificial intelligence and the digital economy are reshaping the process of global economic development, and digital currency has become the core variable in the reconstruction of the international monetary system. He emphasized that the push for unipolar stablecoins by some countries will aggravate systemic risks due to five major hidden dangers: "deviating from the multipolar pattern, amplifying traditional financial risks, the spillover of US debt and dollar shocks, the increase of new transmission channels for traditional currency mismatch risks, and regulatory vacuums." Chen Yulu called for adhering to the three principles of "value authenticity, system robustness, and inclusiveness", promoting the coordinated development of central bank digital currencies and compliant stablecoins, jointly building a multilateral digital currency liquidity mutual assistance network, and working with the "Global South" to build an equal and mutually beneficial Digital Silk Road, and shaping an inclusive and inclusive global digital currency financial new order. (Economic Observer)