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

According to analysts, 1 alternate for China to combat the impending stablecoin-based dollarization and its unintended consequences is the issuance of a yuan stablecoin. This token could originate successful Hong Kong, which has already enacted regulations for specified instruments. Analysts: China Has the Option to Fight Dollarization With Yuan Stablecoin The U.S. government’s propulsion for […]