中金:稳定币有潜力成为一种新型的基础设施

foresightnews
Jul 25, 2025

Foresight News 消息,据智通财经报道,中金研报称,稳定币有潜力成为一种新型的基础设施,并通过分析稳定币各参与方的激励相容机制,进而展望稳定币对金融市场和国际货币体系的潜在影响,并进一步探讨中国的应对之策。我们认为,基础设施的萌芽期是重要发展机会,发行离岸人民币稳定币或是中国参与稳定币发展的优先之选;但需注意,稳定币只是推进人民币国际化的“术”,人民币能否成为广受信任的国际货币,根本上取决于“道”,即人民币的“法理之锚”和“功能之锚”。

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