For Chinese entrepreneurs, there is only one path if they want to create a stablecoin: the project must be a completely overseas project. This includes overseas legal entities, overseas bank accounts, overseas audits, overseas users, and overseas regulatory licenses. The most critical point is: no services can be provided to Chinese users in any form, nor can Chinese funds be involved in the business chain. If any part of the operation falls back into China, the project automatically qualifies as "illegal financial activity." This is a very clear red line. #成长值抽奖赢iPhone17和周边 #参与创作者认证计划月领$10,000