Circle CEO: Stablecoins Can Play A Key Role In The Proliferation Of Chinese Digital Yuan

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The Chinese government has prohibited centralized crypto assets for a considerable time. Nonetheless, Jeremy Allaire (the chief executive officer of the stablecoin issuer Circle) is of the view that the country can leverage stablecoins. As per the executive, stablecoins have the potential to make a significant contribution to promoting the digital yuan of China...

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