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Even if demand for the tokens surges, it won’t magically produce dollars to buy more Treasuries.
1don MSN
Exclusive-China Considering Yuan-Backed Stablecoins to Boost Global Currency Usage, Sources Say
China has long aspired for the yuan to achieve global currency status, akin to the dollar or euro, reflecting its weight as ...
Carol Alexander, Professor of Finance at the University of Sussex discusses the adoption of blockchain in the economy, and ...
This space is indeed emerging. Stablecoins have existed for years, but they lacked regulatory clarity. This all changed with ...
Ripple's push into stablecoins has potential upsides and risks for XRP investors. The glass-half-full view is that Ripple USD ...
Circle Internet Group is one of the year’s hottest IPOs. But Goldman Sachs and JPMorgan are skeptical that the stock can ...
2hon MSN
Beijing will be razor-sharp focused on regulating capital outflows if stablecoins are approved: PIIE
Martin Chorzempa, senior fellow at the Peterson Institute for International Economics, says that the digital renminbi hasn't taken off in China or boosted the internationalization of the currency, but ...
India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...
CFR warns USD stablecoins threaten China’s sovereignty, prompting Beijing to develop state-controlled digital alternatives.
The blockchain functionality of stablecoins forms the basis of their design, whereby their digital currency can live up to their promises of stability, transparency, and accessibility.
Treasury market bulwark or catalyst for a liquidity bubble? No one's sure whether the now government-blessed "stablecoin" ...
As U.S.-backed stablecoins gain traction, they threaten to bypass China’s financial controls. The Chinese government is poised to counter with its own tightly regulated digital money.
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