CZ accepts Caixin interview: In addition to promoting cross-border payments, stablecoins can also support the real economy in multiple ways.

On October 27, CZ stated in an interview with Caixin that stablecoins can not only promote cross-border payments but also support the real economy in multiple ways: First, the majority of funds from USD stablecoin issuers are used to buy U.S. Treasury bonds, making the promotion of stablecoins a financing method for government authorities, “there's no country that wouldn't want this”; Second, the development of the crypto industry drives innovation in upstream and downstream industries such as electricity and energy, just as the growth of the gaming industry has led to the rise of chip companies like Nvidia; Third, the development of stablecoins can provide liquidity functions for on-chain financing, especially attracting a large amount of funds from countries outside the local currency.

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