Zheshang Securities: Licensing Issuance Delays Could Prompt New Stablecoin Boom

Stock News
31 Jul

Zheshang Securities Co.,Ltd. has noted that the issuance of licenses is occurring later than initially expected. The firm remains optimistic about the advent of a new wave in the stablecoin market, anticipating stable investment conditions and renewed interest from investors.

Despite the delay in regulatory approval, Zheshang Securities Co.,Ltd. maintains that the market will experience significant growth, driven by greater adoption of stablecoins. The anticipation is that as soon as the licenses are issued, there will be an influx of capital into this sector, revitalizing the market.

Zheshang Securities Co.,Ltd. remains committed to closely monitoring developments in this space and adjusting their strategies accordingly to capitalize on emerging opportunities in the stablecoin market.

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