🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
💰 Each winner will receive $5 Points!
🎁 Rewards will be distributed within 14 working days. Please make sure to complete identity verification to be eligible.
📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!
Huaxia Fund Hong Kong CEO: Predicts that in the future, fiat will turn into stablecoins, and there will only be a few universal stablecoins in the world.
According to Techub News, Gan Tian, CEO of Huaxia Fund (Hong Kong), attended the China Wealth Management 50 Forum (CWM50) stablecoin seminar and made a "mind-blowing" prediction about stablecoins: in the next 5, 10, or 20 years, fiat will turn into stablecoins, and there will only be a few universally accepted stablecoins in the world.
Gan Tian added that there have already been a handful of transactions in the entire Yiwu that have been settled using stablecoins. The benefits of stablecoins are self-evident: low cost, speed, timeliness, and efficiency. It is believed that with the promotion of blockchain technology, a global monetary union may eventually form, and in the future, all countries will attempt to issue their own stablecoins. However, for a country's stablecoin to ultimately prevail, it needs to meet two conditions: a strong financial market and sufficient strength in trade.