Analysts are urging China to launch a yuan stablecoin to combat dollarization linked to U.S. Stablecoins. Zhou Xiaochuan warns that this trend could lead to significant negative effects on the Chinese economy. With the stablecoin market reaching over 250 billion USD, a yuan stablecoin could help protect the national currency.
XRP has recently surged past 2 USD, offering over 300% returns to early investors. Its rise is attributed to increasing regulatory clarity and strong performance in cross-border payments. Ripple’s CEO forecasts XRP could capture a substantial share of SWIFT’s payment volume, further showcasing its market potential.
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