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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
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According to reports from Ming Pao, Morgan Stanley's latest research report indicates that the Hong Kong stablecoin legislation essentially paves the way for a legal path for offshore RMB stablecoins. Supported by a substantial offshore liquidity pool of approximately 1 trillion RMB in Hong Kong, offshore RMB stablecoins will validate practical use cases for cross-border settlement while avoiding violations of mainland capital controls or impacting onshore financial stability. The development of RMB stablecoins should be viewed as a potential component of the cross-border RMB settlement infrastructure, which includes RMB swap agreements, CIPS (Cross-border Interbank Payment System), and a global RMB clearing service network.