According to TechFlame, according to a report by Zhitong Finance, the Henan Provincial Office of the Working Mechanism for Preventing and Combating Illegal Financial Activities suggests that illegal institutions have recently used “stablecoins” to carry out illegal activities such as illegal fund-raising, gambling, and fraud. Stablecoins are not a tool for investment or speculation, and the fund-raising participants are responsible for losses caused by participating in illegal fund-raising. The public is invited to enhance their awareness of rational investment, raise risk awareness, and avoid being deceived. If it is discovered that the relevant agency is engaged in illegal fund-raising activities in the name of investing in stablecoins, etc., please promptly report it to the local non-lead department or public security department.