摩根大通：稳定币12个关键问题-剖析有关生态系统、监管、应用及权益影响

Asia Pacific Equity Research 26 June 2025 Stablecoin Series Part 2: Unpacking 12 Key Questions on Ecosystem, Regulation, Utilization and Equity Implications Building on our Part 1 report (link), this report delves into 12 key questions surrounding stablecoins. The Hong Kong SAR government envisions establishing the city as a premier global hub for digital assets, and we believe stablecoins are a crucial component of the overall digital asset infrastructure. In our view, the growth prospects for stablecoins ...