Caixin: Promoting the offshore RMB stablecoin pilot program in a timely manner may improve the efficiency of RMB internationalization

According to BlockBeats, on September 9, the cover report of Caixin’s article “Opportunities for Internationalization of RMB” pointed out that a person close to Bank of China and Hong Kong believes that it is a good window period to promote the internationalization of RMB. Bank of China, China Construction Bank and other institutions have increased their efforts to promote the internationalization of RMB. Many industry insiders believe that in an era of drastic changes in international trade and monetary systems, the market expects a more stable and diversified monetary system. At the same time, stablecoins serve as a bridge to connect cryptocurrencies and the real world, and emerged in the first half of 2025, which also made some people believe that if the pilot of offshore RMB stablecoins is promoted in a timely manner at this time, it may improve the efficiency of RMB internationalization and provide another option outside the US dollar system.