#PUNDU The country has opened up Hong Kong to develop Crypto Assets, and then encouraged large domestic companies to issue stablecoins in Hong Kong. Several major departments in the United States have recognized the legality of USDT and USDC. The major developed countries have also acknowledged the legal status of USDT and USDC, which means that in the future, import and export trade can use USDT and USDC stablecoins for Settlement and payment. This is why China has allowed Hong Kong to let large domestic companies issue Hong Kong version stablecoins, while various developed countries are also working on issuing stablecoins pegged to the value of their own currency. Currently, USDT and USDC can meet the buying, selling, and trading needs of the virtual coin market, as well as the Settlement and payment needs of import and export trade. Now everyone is eager to issue stablecoins. Consider how vast the virtual market is; USDT and USDC can already fully meet it. Once China and a few other countries issue stablecoins, even if it is just China issuing and listing its stablecoin, it will lead to an influx of massive funds into the crypto market, inevitably causing a big pump in Crypto Assets. Bitcoin and Ethereum account for over 80% of the market capitalization in the crypto market. When people ask which country Bitcoin and Ethereum belong to, they don't need to say much for others to guess. If China issues its stablecoin, it will certainly lead to a violent pump of its own virtual coin. Therefore, everyone should pay more attention to and hold onto Crypto Assets related to Chinese elements. There’s no need to rush; its price will quickly reach or exceed your expected price.