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

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

  • July 11, 2023
  • Posted by: admin
  • Category: BitCoin, Blockchain, Cryptocurrency, Investments
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Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post.

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