Dollar-Pegged Tokens Beat Yuan | Crypto

Chief economist Li Xunlei has written that a yuan-pegged stablecoin strategy could narrow the gap between China’s economic weight and the currency’s global usage. He has proposed pilot programs in free-trade zones and Belt and Road nations, backed by clear reserve rules and PBOC oversight. The post Dollar-Pegged Tokens Beat Yuan 80:1 – Can China’s Stablecoin Strategy Close Gap? appeared first on Cryptonews.