Learning Times article "Technical Principles and Trust Logic of Stablecoins": Stablecoins are gradually integrated into the mainstream financial system

According to ChainCatcher, the official account of Learning Times sponsored by the Central Party School published an article "Technical Principles and Trust Logic of Stablecoins". The article pointed out: "In the context of the accelerated penetration of digital finance into the global trade system, cryptocurrencies represented by Bitcoin and Ethereum have attracted widespread attention, but due to their violent price fluctuations, it is difficult to assume the mainstream payment function. Stable coins represented by Tether (USDT) and USD stablecoins (USDC) have established an anchoring mechanism with fiat currencies, which not only retains the advantages of efficient circulation and low cost based on blockchain payments, but also avoids unfavorable factors such as the instability of traditional cryptocurrencies, thus becoming a hot spot for current digital financial innovation. Recently, relevant bills and management regulations introduced by the United States, the European Union, and Hong Kong, China have laid the cornerstone of compliance for the development of stablecoins. Stablecoins are favored by global compliant investors and are gradually integrating into the mainstream financial system. ”