CONTENT
At the Asian Vision Forum 2025 in Singapore, David A. Katz, VP of Strategy & Public Policy at Circle APAC, said:
Cross-border payments are a key use case for stablecoins, and issuing an RMB stablecoin could boost RMB internationalization.
Digital asset issuance must meet two requirements: strong network security and 1:1 backing with high-quality, liquid assets held by trusted custodians. About 90% of USDC reserves are custodied by BlackRock.
#Stablecoin #USDC #Circle
WRITER’S INTRO

CoinRank Exclusive brings together primary sources from various fields to provide readers with the most timely and in-depth analysis and coverage. Whether it's blockchain, cryptocurrency, finance, or technology industries, readers can access the most exclusive and comprehensive knowledge.