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


$ 113,953.3
€ 98,596.2
¥ 38,800.0
£ 85,972.4
BTC
0.44 %
$ 3,491.80
€ 3,021.48
¥ 1,189.00
£ 2,634.59
ETH
-0.49 %
$ 296.34
€ 256.45
¥ 100.86
£ 223.44
XMR
0.65 %
$ 109.28
€ 94.56
¥ 37.24
£ 82.51
LTC
0.37 %

Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post.

Author: