Why US-backed stablecoins have China wary of a potentially more dominant dollar

  • Posted on June 19, 2025
  • By South China Morning Post
  • 4 Views
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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South China Morning Post

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