ZHONG CHAO HOLDING(SZ:002471) Sou Hu Cai Jing·2025-06-04 12:20Group 1 - The core trend in the financial technology sector is the rise of stablecoins, which are gaining global attention due to their price stability and potential as important tools for future financial transactions [2][3] - Recent policies from Hong Kong and the United States highlight the significance of stablecoins in the global financial landscape, with Hong Kong becoming the first jurisdiction to systematically regulate stablecoins [3] - The global market capitalization of stablecoins has surpassed $246 billion, with projections suggesting it could reach between $4.8 trillion and $8 trillion by 2030, and potentially exceed $10 trillion when factoring in trading demand [3] Group 2 - Companies with significant involvement in the stablecoin sector include Jin Hui Technology, which is participating in the central bank digital currency bridge project and exploring innovative models for stablecoin use in international trade [5] - Hengbao Co., Ltd. is developing hardware security modules for digital currencies to support offline signing for stablecoin wallets and has won a 150 million yuan project with China Mobile [5] - Feitian Technology provides the "JuBiter" hardware wallet that supports multiple currencies and offers security certification devices for JD Pay [6] - A notable unicorn in the stablecoin space is involved in the central bank digital renminbi cross-border project and has developed blockchain technology for the CIPS, holding over 120 patents in cross-border settlement technology [7]