PANews reported on October 19 that Hong Kong Financial Secretary Paul Chan Mo-po published an essay entitled "From New York to Washington", in which he pointed out that he attended the annual meetings of the International Monetary Fund and the World Bank Group. Members of various economies have recognized that the influence of digital assets is expanding rapidly. Related blockchain technology also has many application scenarios in reality, especially in promoting regional trade and solving cross-border settlement efficiency and pain points. Among them, digital assets such as stablecoins have considerable development potential. International cooperation should be strengthened to steadily and prudently control the risks they bring to the stability of the financial system.