Swift Asia Pacific President: Neutral observation attitude towards the development of stablecoins, the last mile problem needs to be faced
2 days ago
Odaily News In a recent interview, Swift Asia Pacific President Huang Shijin said that he has a "neutral observation" attitude towards the rapid development of stablecoins. He said that Swift has been paying close attention to the evolution of new technologies and new value forms, but whether it is central bank digital currency, stablecoin or any digital asset, to form safe and large-scale use on a global scale, an issue that cannot be avoided is to ensure the safe and seamless interaction between different systems and technologies. This is a key factor in unleashing the potential of these new technologies and new value form solutions. In the end, they will also face a series of regulatory work such as KYC and anti-money laundering to ensure the credibility of financial services and the stability of the financial system, and naturally they will also face the problem of the "last mile". (Caixin.com)
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