Group 1 - The historical context of the "petrodollar" system established by the U.S. and Saudi Arabia in the 1970s is paralleled with the current opportunity for China to create a "rare earth RMB" system due to its dominance in rare earth resources [1][3] - China's absolute advantage in rare earth production, accounting for 68.6% of the global market in 2023, positions it as a critical player in modern industrial supply chains, particularly in sectors like electric vehicles and AI [4][5] - The urgency of the West's "de-China" efforts is highlighted by the challenges faced in establishing alternative supply chains, with U.S. and other countries lagging significantly behind China in rare earth production capabilities [5][6] Group 2 - The concept of a "rare earth dedicated RMB stablecoin" is proposed, which would require all rare earth transactions to be settled in this currency, creating a substantial demand for RMB in the global market [6][7] - The integration of smart contracts with "payment upon delivery" clauses is suggested to enhance transaction efficiency and reinforce China's dominance in the supply chain [7] - Recent actions by global automotive manufacturers to secure rare earth supplies underscore the critical nature of China's resources, providing a strong foundation for the promotion of the rare earth RMB stablecoin [7]