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CNY
China Should Consider Yuan-Backed Stablecoins Instead of CBDCs, Circle's Allaire Says
Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post.

Yuan Trades Now Make Up Over 70% of Bitcoin Volume
The majority of bitcoin transactions over the last 30 days came from yuan trades, it has been announced.

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