Shanghai Forum Explores Stablecoin & RWA in Cross-Border Payments
Over 100 industry professionals gathered in Shanghai on August 22 for a forum hosted by the Shanghai Financial Information Industry Association and the Distributed Consensus Technology Association, focusing on stablecoin and RWA (Real-World Assets) innovations in cross-border trade. Speakers included Secretary-General Wu Jun, who highlighted stablecoin’s low-cost, near-instant payment advantages and stressed regulatory transparency; PANews reporter Wang Shengyu, who unpacked the 2025 Global Stablecoin Industry Report across six dimensions including market structure and risks; and Mankun lawyer Mao Jianhao, who outlined compliant RWA tokenization using “whitelisting, redemption flow, and real-time valuation.” Conflux’s Zhang Yuanjie discussed public chain roles and the Asia-Pacific RWA landscape, while Wanxiang Blockchain’s Zheng Lijiang analyzed stablecoin as “quasi-money” and policy contrasts between the US and Hong Kong. Two roundtables addressed cross-border payment challenges—slow bank settlements, high fees, and regional infrastructure gaps—and RWA market dynamics driven by stablecoin yield demands, regulatory clarity, and infrastructure maturation. Participants agreed that stablecoin and RWA innovations are moving from proof-of-concept to scaled trials, with compliance and security remaining critical for global adoption.
Bullish
The forum’s emphasis on stablecoin efficiency, RWA tokenization compliance, and public chain infrastructure signals growing institutional support and clearer regulatory frameworks. Historical parallels with past industry conferences show that when experts outline practical paths for blockchain integration—particularly in cross-border payments—market confidence often rises. In the short term, traders may view enhanced compliance clarity as a catalyst for stablecoin adoption, boosting liquidity in related DeFi and RWA markets. Over the long term, scalable trials moving into full deployments could underpin sustained bullish momentum across stablecoin pairs and tokenized asset vehicles.