Recently, many listed companies in Shanghai and Shenzhen have been frequently asked whether they have deployed stablecoin business.

Planet Daily News: The trading heat of virtual assets has spread from Hong Kong stocks to A-shares. Recently, multiple listed companies in Shanghai and Shenzhen stock markets have been frequently asked on interactive platforms about their potential deployment in stablecoin business. Industry insiders believe that policy liberalization, efficiency improvement, and strategic positioning have jointly driven market optimism towards stablecoin business. Particularly, the Hong Kong Stablecoin Regulation, which will officially take effect on August 1st, is the world's first comprehensive regulatory framework for fiat stablecoins to be formally implemented. (Reported by 21st Century Economic Herald)