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China's Fudan University President Proposes Stablecoin Pilot in Hainan Free Trade Port

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On December 21, Zhao Zhongxiu, president of China's University of International Business and Economics, proposed a stablecoin pilot in Hainan Free Trade Port and Qianhai. The plan includes a cross-border fintech lab, stablecoin white list, offshore RMB stablecoin trials, and blockchain infrastructure upgrades. Value investing in crypto could benefit from such structured innovation. Risk controls include entry requirements, reserve audits, and monitoring arbitrage. Support and resistance levels in digital assets may shift with clearer regulatory frameworks.
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