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Report: China Yuan Stablecoin Could Arrive in 3 to 5 Years, Circle CEO Says

Circle CEO Jeremy Allaire told Reuters on Thursday that a yuan-backed stablecoin represents a “tremendous opportunity” for China as currency competition shifts onto blockchain infrastructure. Key Takeaways: Circle CEO Jeremy…

Continue ReadingReport: China Yuan Stablecoin Could Arrive in 3 to 5 Years, Circle CEO Says

Stablecoin Market Cap Hits All-Time High of $318.6B, Eyes $320 Billion Milestone

The stablecoin sector added to its upward trajectory this week, with inflows reaching $1.367 billion since April 4. At present, the fiat-pegged token economy sits at an all-time high of…

Continue ReadingStablecoin Market Cap Hits All-Time High of $318.6B, Eyes $320 Billion Milestone