Recently, multiple listed companies on the Shanghai and Shenzhen stock exchanges have been frequently questioned about their involvement in stablecoin business

According to Foresight News, as reported by 21st Century Business Herald, many listed companies in the Shanghai and Shenzhen stock markets have recently been frequently asked on interactive platforms whether they are planning to enter the stablecoin business. Industry insiders believe that the combination of policy liberalization, significant efficiency gains, and strategic positioning is driving market optimism toward the stablecoin sector. In particular, the Hong Kong "Stablecoin Ordinance," which will officially take effect on August 1, is the world's first comprehensive regulatory framework specifically targeting fiat-backed stablecoins.