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usa.chinadaily.com.cn
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Stablecoins: A US Dollar Play and China's Dual Strategy
The US Senate passed the GENIUS Act, aiming to regulate stablecoins; this move could strengthen the US dollar globally, while China plans a dual strategy of promoting the renminbi and developing renminbi-backed stablecoins via Hong Kong.
Stablecoins: A US Dollar Play and China's Dual Strategy
The US Senate passed the GENIUS Act, aiming to regulate stablecoins; this move could strengthen the US dollar globally, while China plans a dual strategy of promoting the renminbi and developing renminbi-backed stablecoins via Hong Kong.
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