Insider: Recommends that national public chains be led by central SOEs Mars Finance reported on August 2nd that, according to Caixin, an insider stated in an interview regarding stablecoins that my country currently lacks a globally influential public chain. Another insider suggested that the construction of national backbone public chains should be led by central SOEs, while the development of industry-level public chains should be open to market competition. An insider stated, "Public chains are the infrastructure for issuing stablecoins. They are of great significance and indispensable for building an independent, controllable, secure, and efficient financial infrastructure system for the digital financial era." A person familiar with policy stated, "Stablecoins must be issued on public chains. The current problem is that my country lacks a globally influential public chain, whether in Hong Kong or mainland China. If we use a US public chain, we may face political risks such as the Sino-US confrontation in the future, and we may be choked." Another insider suggested, "Next, we must increase investment in public blockchains (i.e., public chains), ensure independent control, and develop them in a tiered manner. For example, national-level backbone public chains should be led by central state-owned enterprises, industry-level public chains should be open to market competition, and scenario-based public chains should be fully market-based." https://t.co/8p4xeLwGLp