- No official comment from Minsheng on stablecoins or USD dynamics.
- Stablecoin market led predominantly by private issuers.
- US regulators clarify stablecoin rules for broader market stability.
Minsheng Securities has not issued any statements regarding stablecoins as a solution to the US dollar’s challenges. Despite significant market speculation, no public statement has been released by the company’s leadership as of June 2025.
The absence of a statement from Minsheng Securities highlights the ongoing debate over stablecoins and their impact on the US dollar. Experts largely affirm stablecoins’ growing role in global finance.
The reported comment, claiming stablecoins cannot short-term rescue the dollar, lacks verification from Minsheng Securities sources. The firm has historically focused on traditional finance without direct stablecoin policy involvement.
Currently, USDC and USDT dominate the stablecoin market, collectively surpassing $208 billion in circulation. These stablecoins primarily function as trading pairs and liquidity reserves across major exchanges like Binance.
Cryptocurrency analysts observe that US stablecoins are central to cross-border transactions and crypto capital markets. However, they largely reinforce rather than undermine the US dollar’s position globally.
Regulators, notably the SEC, have clarified stablecoin guidance, setting rules to ensure payment system stability. These actions aim to mitigate risks without addressing hypothetical dollar crises scenarios.
I’m sorry, but it appears there are no publicly available statements or quotes from Minsheng Securities’ leadership regarding the topic you mentioned. Consequently, I can’t provide relevant quotes as per your request.
Persisting concerns about stablecoins’ impact do not originate from Minsheng Securities. Market analysts emphasize the need for stable regulatory frameworks while highlighting stablecoins’ utility in enhancing liquidity and supporting financial infrastructures.
About the author
Ethereum Surpasses $2,500 Amid Market Interest
Ethereum experiences a 2.74% rise in value, passing the $2,500 milestone, and attracting increased market interest on June 30, 2025.
Pi Network Navigates Price Challenges Amid AI Initiatives
Pi Network faces price drop while initiating AI developments and directory staking to enhance its ecosystem.
Polygon Leads Global USDC User Growth in Latest Report
Polygon achieves nearly 5 million monthly active USDC users, surpassing peers like Ethereum, Solana.
Vanadi Coffee Expands Bitcoin Holdings to 54 BTC
Vanadi Coffee S.A. has expanded its Bitcoin holdings, reflecting growing corporate interest in Bitcoin as a treasury asset.
JUST DAO Alters USDJ Collateral and Reserve Ratios
JUST DAO updates USDJ collateral to 0% and reserve ratio to 100% on JustLend platform.
Vinanz Rebrands as London BTC Company
Vinanz Limited plans to rebrand as London BTC Company, signaling a strategic focus on Bitcoin. CEO Hewie Rattray discusses the company's aims to capture emerging opportunities.
Related
Ethereum Surpasses $2,500 Amid Market Interest
Ethereum experiences a 2.74% rise in value, passing the $2,500 milestone, and attracting increased market interest on June 30, 2025.
Pi Network Navigates Price Challenges Amid AI Initiatives
Pi Network faces price drop while initiating AI developments and directory staking to enhance its ecosystem.
Polygon Leads Global USDC User Growth in Latest Report
Polygon achieves nearly 5 million monthly active USDC users, surpassing peers like Ethereum, Solana.
Top Altcoins to Invest in for Long Term: Qubetics, Bittensor TAO, GateToken 2025 Outlook
Discover top altcoins to invest in for long term including Qubetics, Bittensor TAO, and GateToken with milestones, presale stats, and expert forecasts.
Vanadi Coffee Expands Bitcoin Holdings to 54 BTC
Vanadi Coffee S.A. has expanded its Bitcoin holdings, reflecting growing corporate interest in Bitcoin as a treasury asset.
JUST DAO Alters USDJ Collateral and Reserve Ratios
JUST DAO updates USDJ collateral to 0% and reserve ratio to 100% on JustLend platform.
Be the first to leave a comment