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Why US-backed stablecoins have China wary of a potentially more dominant dollar
Former head of China’s central bank warns ‘USD-backed stablecoins could have worldwide influence’, and what about the yuan’s internationalisation?
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scmp.com
Opinion | Hong Kong developing a yuan-pegged stablecoin would be a game changer
In a world of dollar-pegged stablecoins, the case for yuan-based alternatives – and what it means for the future of money – is compelling.
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nytimes.com
Aiming at the Dollar, China Makes a Pitch for Its Currency
The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.
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Why US-backed stablecoins have China wary of a potentially more dominant dollar
Former head of China’s central bank warns ‘USD-backed stablecoins could have worldwide influence’, and what about the yuan’s internationalisation?