CITIC Securities: Focus on stablecoin issuers with high approval certainty

ChainCatcher news, according to a report by Jin10 Data, CITIC Securities research indicates that the stablecoin industry is burgeoning and serves as a bridge between digital assets and the real world. With the implementation of regulatory policies globally, the industry is expected to achieve compliant development. In the future, the application layer is likely to continuously extend in both breadth and depth, providing support for stablecoin demand. It is recommended to pay attention to:

1) Clearly proposed applications with a high certainty of approval for stablecoin issuers.

2) In the long term, application scenarios will determine future space, focusing on relevant targets and industry participants that may form a closed loop of issuance and application ecology.