On July 13, fintech company Yuxin Technology stated during a recent on-site visit by institutions that, in the payment field, especially in retail payment scenarios, the company believes that stablecoins, as new asset products, need to be deeply integrated into daily economic life to continue to develop, and the continuous expansion of their use and circulation channels will directly enhance the ecological value and liquidity of the products.

Essentially, as products with monetary attributes, the richer the stablecoin ecosystem, the stronger its market vitality. Based on this understanding, the company has been conducting relevant research since last year and is actively exploring the introduction of stablecoin layouts into daily retail life scenarios.