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Ru Haiyang pointed out that digital assets will become the infrastructure layer of the future financial system. Compared to the current financial system, blockchain offers advantages in transparency, programmability, and accessibility. He believes that the development of digital assets will gradually transform the way financial markets operate: on the one hand, it will improve settlement efficiency and reduce intermediaries; on the other hand, it will enable assets to be divided and traded in smaller units, increasing market liquidity and investor participation, ultimately reshaping the pattern of international capital flows.
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