Circle CEO: Stablecoins are more helpful for the internationalization of the RMB than CBDCs
ChainCatcher news, Circle CEO Jeremy Allaire stated in an interview with the South China Morning Post that China is unlikely to open up to cryptocurrencies, but "if the Chinese government ultimately wants to see the yuan used more freely in global trade and commerce, then stablecoins may be a better way to achieve that than central bank digital currencies." (source link)
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