Group 1 - The rise of technology is profoundly reshaping the form and boundaries of finance, with the integration of technology and finance driving technological updates in the financial sector and providing strong support for technological innovation [1] - The focus of the discussion on stablecoins should not be on the stablecoins themselves, but rather on the underlying blockchain technology that builds a new digital financial infrastructure [4][5] - The strategic significance of tokenization is increasingly prominent, as it enhances market efficiency, reduces transaction costs, and promotes the digitalization and globalization of financial markets [4][5] Group 2 - Blockchain is considered the next generation of infrastructure, particularly valuable in finance due to its decentralized physical structure and centralized logical operation, which can enhance efficiency and value in financial infrastructure [5][6] - The establishment of a self-controlled and secure financial infrastructure is crucial for financial safety, as many current financial technologies are not under domestic control [6][7] - A "dual-layer" digital currency system is advocated, where wholesale central bank digital currencies (CBDCs) support the issuance of retail stablecoins, creating a structured approach to digital currency [9][10] Group 3 - The application of central bank digital currencies in cross-border scenarios is theoretically feasible at the wholesale level, but limited at the retail level due to the sovereign nature of currencies [11] - The development of technology is seen as a driving force for the internationalization of currencies, with the integration of technology and finance being essential for the high-quality development of the Chinese economy [14][15] - Real World Assets (RWA) present a significant opportunity for developing technology finance with Chinese characteristics, as digitizing and verifying these assets could attract international investors [15]