Analysts: China Should Introduce Yuan Alternatives to Combat Dollarization Driven by Stablecoins

Tag : bitcoin
Tag : bitcoin official
Analyst: China Should Pit Yuan Alternative to Fight Stablecoin Based DollarizationAccording to analysts, one alternative for China to combat the impending stablecoin-based dollarization and its unintended consequences is the issuance of a yuan stablecoin. This token could originate in Hong Kong, which has already enacted regulations for such instruments. Analysts: China Has the Option to Fight Dollarization With Yuan Stablecoin The U.S. government’s push for […]
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