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Circle CEO Jeremy Allaire said there is a “tremendous opportunity” for a yuan-backed stablecoin as digital money becomes more important in global trade and payments. Speaking in Hong Kong, Allaire said currency competition is now becoming a technology race. His view is that the currencies with the best digital payment tools will gain market share. […] Read The Full Article Circle CEO Says Yuan Stablecoin Has Huge Potential in Global Payments On Coin Edition.
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