Eastcompeace to Collaborate with China Telecom Research Institute and PlatON Research Institute on Stablecoin Applications
Shenzhen Stock Exchange-listed company Eastcompeace stated during an institutional survey on June 13 that global regulations for stablecoin issuers have become increasingly clear, covering areas such as compliance licensing, asset reserve transparency, risk management, and consumer protection. Leveraging blockchain, 5G, and security technologies, the company will collaborate with the China Telecom Research Institute and the Shanghai Tree-Graph Research Institute, focusing on the deployment of blockchain-based “warm” wallets (BSIM). They aim to explore the practical applications of stablecoins in payment, cross-border settlement, and digital asset sectors. (Jiemian News)
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