China’s Communist Party sees U.S. dollar stablecoins as a growing global threat. A government report urges expanding digital yuan use beyond retail transactions. The U.S.
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Cryptopolitan on MSNChina urges expansion of digital yuan usage beyond retail to challenge U.S. dollar stablecoinsChina is increasing its efforts to strengthen its digital yuan. It aims to challenge US dollar-pegged stablecoins in world trade. According to a recent report by a Chinese media outlet, the Chinese ...
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