Circle's jerallaire says that stablecoins are the best route for the yuan's internationalization, instead of CBDCs. By thesamreynolds.
“If eventually the Chinese government wants to see the RMB used more freely in trade and commerce around the world, it may be that stablecoins are the path to do that more than the central bank digital currency,” he told the paper.
Authorities in China would be hesitant to allow such a plan, as capital controls and a ban on the free convertibility of the yuan are pillars of its economic policy. In 2022, IMF First Deputy Managing Director Gita Gopinath said that China would need tostakeholders have noted
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Circle’s CEO Jeremy Allaire Looking To Explore Issuing Stablecoin in Japan | CoinMarketCapCryptoNews: Payment services company Circle, behind stablecoin $USDC, is considering issuing a stablecoin in Japan, given that rules governing stablecoins took effect on June 1. 🇯🇵
Leer más »
15 Retail CBDCs Likely by 2030, BIS Study SaysA survey conducted by the Bank for International Settlements also found 93% of central banks worldwide were engaged in digital currency work in 2022.
Leer más »
Research: There could be 24 CBDCs live by 2030More than half of the world’s CBs are conducting experiments or working on a CBDC pilot. Almost a quarter of all CBs are already piloting their retail CBDC projects.
Leer más »
Stars align in Steven Soderbergh’s crime thriller miniseries ‘Full Circle’“Full Circle” is taut, star-studded thriller that feels like it comes from the era before HBO grew its broad streaming arm.
Leer más »
What's on TV this week—The Afterparty, Full Circle, What We Do In The ShadowsPlus: Michelle Buteau's Netflix comedy, Project Greenlight is back, Peacock's Zodiac Killer doc, and more
Leer más »
The Best Deals From Target’s ‘Circle Week’ Prime Day Rival SaleThe retailer is competing with Amazon by discounting everything from KitchenAid stand mixers to Beats earbuds. No Prime membership needed.
Leer más »