In the field of Crypto Assets, there is a common view that domestic Blockchain projects lack competitiveness. However, the truth is often held by a few. Over-reliance on inertia thinking may lead to missed potential investment opportunities.

The recently enacted stablecoin legislation in Hong Kong has drawn widespread attention. The law stipulates that stablecoins are limited to use outside the region, including pilot areas such as Hong Kong, Macau, and the soon-to-be-closed Hainan Free Trade Port. This move reflects the regulatory authorities' cautious approach to cross-border financial innovation.

The core value of Blockchain technology lies in enhancing productivity and promoting economic development, rather than simply pursuing decentralization. In any system, as long as there are participants, it is difficult to avoid some degree of centralization. It is important to recognize our original intention for participating in this field - to create value and obtain returns, rather than getting caught up in ideological debates.

Stablecoins and blockchain technology, if they can effectively solve problems such as high transaction fees and low efficiency in cross-border trade, and to some extent avoid the constraints of the US SWIFT system, will inevitably have their unique space for survival and development prospects. Although we should not expect them to completely overturn the existing financial hegemony, we should not underestimate their potential to create value in specific areas.

Everyone may have different views on emerging technologies, but it is worth noting that projects like CFX Tree Diagram could represent an important direction for the future development of the Blockchain ecosystem. In this rapidly evolving field, maintaining open and critical thinking is essential.