Overseas Digital Asset Platforms Launch On-Chain Trading Products for Chanxin Technology in Stablecoins

According to Caixin, overseas digital asset platforms have recently launched on-chain trading products for Chanxin Technology and other Chinese tech companies. The products are settled in stablecoins like USDC and USDT and structured as synthetic perpetuals or pre-market perpetual contracts. Zhao Yao, a research fellow at the CASS Institute of Finance, noted that if overseas platforms establish continuous trading markets for tech assets first, it could weaken the domestic capital market's pricing authority over Chinese tech assets.
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