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Central Bank Governor Pan Gongsheng: Technologies such as Blockchain are reshaping the cross-border payment system, promoting the vigorous development of Central Bank Digital Currency and stablecoins.
[Chain News] Central Bank Governor Pan Gongsheng stated at the 2025 Lujiazui Forum that new technologies are accelerating their application in the field of cross-border payments. New technologies such as Blockchain and Distributed Ledger are driving the vigorous development of Central Bank Digital Currency stablecoins, reshaping the traditional payment system from the ground up, significantly shortening the chain of cross-border payments, while also posing significant challenges to financial regulation. Technologies like smart contracts and Decentralized Finance will continue to promote the evolution and development of the cross-border payment system.