星球日报|Oct 22, 2025 12:59
**["Father of the Linked Exchange Rate System" John Greenwood: Stay Away from Stablecoins and Enhance Banking System Transaction Speed]**
Odaily Planet Daily reported that "Father of the Linked Exchange Rate System" John Greenwood stated at a press conference held in Hong Kong that he advises staying away from stablecoins. He explained that stablecoins are essentially a stepping stone for fiat currencies entering the realm of crypto assets, and he personally does not support the promotion of crypto assets due to their instability, unreliability, and frequent use for illicit purposes. Instead of developing stablecoins, a better approach would be to establish instant transfer systems for both domestic and international transactions to accelerate the transaction speed within the banking system. (Lianhe Zaobao)
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