China Should Consider Yuan-Backed Stablecoins Instead of CBDCs, Circle’s Allaire Says

Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post.

Source: https://www.coindesk.com/business/2023/07/11/china-should-consider-yuan-backed-stablecoins-instead-of-cbdcs-circles-allaire-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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