INSUBCONTINENT EXCLUSIVE:
With major economies gearing up for the rising ubiquity of stablecoins and their impact on the global economy, former Chinese central bank
chief Zhou Xiaochuan has warned that US dollar-backed stablecoins could accelerate the “dollarisation” of the international monetary
system.
Amid the explosive growth of cryptocurrency in the past few years, continued focus from high-level figures reflects the Chinese
government’s interest in underlying technologies and their potential role in cross-border...
