Why US-backed stablecoins have China cautious of a probably extra dominant greenback – Model Slux
With main economies gearing up for the rising ubiquity of stablecoins and their influence on the worldwide economic system, former Chinese language central financial institution chief Zhou Xiaochuan has warned that US dollar-backed stablecoins may speed up the “dollarisation” of the worldwide financial system. Amid the explosive progress of cryptocurrency up to now few years, … Read more
