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Cryptopolitan 2023-07-11 11:03:15

Circle CEO Allaire: stablecoins hold key to China’s currency internationalization

In a recent interview with the South China Morning Post, Circle CEO Jeremy Allaire proposed an innovative solution to help China achieve its goal of internationalizing the Chinese Yuan (CNY). Allaire suggested that the Chinese government consider allowing Chinese Yuan-backed stablecoins, emphasizing their potential to expand the currency’s usage in global trade and business. While ... Read more

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